SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

       DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) December 30, 2004

                         COMMISSION FILE NUMBER 0-21061

                         SPEEDCOM WIRELESS CORPORATION
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

        DELAWARE                                         58-2044990
(STATE OR OTHER JURISDICTION OF                (IRS EMPLOYER IDENTIFICATION NO.)
INCORPORATION OR ORGANIZATION)                 

                         7020 PROFESSIONAL PARKWAY EAST
                               SARASOTA, FL 34240
                                 (941) 907-2361

  (ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF
                   REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:
 
|_|  Written communications pursuant to Rule 425 under the Securities Act 
     (17 CFR 230.425)
 
|_|  Soliciting material pursuant to Rule 14a-12 under the Exchange Act 
     (17 CFR 240.14a-12)
 
|_|  Pre-commencement communications pursuant to Rule 14d-2(b) under the 
     Exchange Act (17 CFR 240.14d-2(b))
 
|_|  Pre-commencement communications pursuant to Rule 13e-4(c) under the 
     Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Principal  Officers;  Election of Directors;
Appointment of Principal Officers




SPEEDCOM Wireless Corporation  ("SPEEDCOM") completed a realignment of its board
of  directors.  The  realignment  resulted in the temporary  appointment  of the
company's  interim CEO, Mark  Schaftlein,  to its board and the  resignation  of
SPEEDCOM's existing  three-member board,  effective December 30, 2004. A copy of
the press release dated December 31, 2004 is attached hereto as Exhibit 99.1 and
incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(c)     Exhibits

99.1    Press Release of SPEEDCOM Wireless Corp. dated December 31, 2004.

SIGNATURES

Pursuant  to the  requirements  of  Section  13 or 15(d) of the  Securities  and
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

                                                   SPEEDCOM WIRELESS CORPORATION

                                                   By: /s/ Mark Schaftlein
                                                       -------------------
                                                       Mark Schaftlein
                                                       Chief Executive Officer
Date: December 31, 2004