Remote Dynamics (RMTD) 8-K Other events

Exhibit 99.1

REMOTE DYNAMICS, INC. AND SUBSIDIARIES
PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET
AS OF JUNE 30, 2004
(UNAUDITED)
(in thousands)

ASSETS
Current assets:
Cash and cash equivalents	$	3,101
Accounts receivable, net		2,713
Inventories		970
Deferred product costs — current portion		1,153
Lease receivables and other current assets, net		1,000
Total current assets		8,937
Network, property, equipment and software, net		2,797
Deferred product costs — non-current portion		1,410
Lease receivables and other assets, net		1,167
License right, net		2,707
Goodwill		8,206
Total assets	$	25,224
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	120
Telecommunications costs payable		401
Deferred product revenues — current portion		2,757
Pre-petition disputed claims		1,238
Other current liabilities		5,216
Total current liabilities		9,732
Deferred product revenues — non-current portion		4,066
Other non-current liabilities		715
Total liabilities		14,513
Stockholders’ equity:
Common Stock		74
Additional paid-in capital		11,904
Accumulated deficit		—
Deferred stock compensation		(1,267	)
Total stockholders’ equity		10,711
Total liabilities and stockholders’ equity	$	25,224