-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JMSmsOCQ9oLF/7hVMkjK7xjdvZ8vnWdhGOEbx+TReS0TZiIfiF31X7dL7IBKSuo4 Mu6rW5fcH+m9nzWBf8cmfA== 0000898822-01-000153.txt : 20010223 0000898822-01-000153.hdr.sgml : 20010223 ACCESSION NUMBER: 0000898822-01-000153 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WJ COMMUNICATIONS INC CENTRAL INDEX KEY: 0000105006 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 941402710 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-07672 FILM NUMBER: 1542030 BUSINESS ADDRESS: STREET 1: 3333 HILLVIEW AVE CITY: PALO ALTO STATE: CA ZIP: 94304-1223 BUSINESS PHONE: 6504934141 MAIL ADDRESS: STREET 1: 3333 HILLVIEW AVENUE CITY: PALO ALTO STATE: CA ZIP: 94304-1223 FORMER COMPANY: FORMER CONFORMED NAME: WATKINS JOHNSON CO DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FOX PAINE & CO LLC CENTRAL INDEX KEY: 0001099185 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 950 TOWER LANE STREET 2: SUITE 1150 CITY: FOSTER CITY STATE: CA ZIP: 94404 BUSINESS PHONE: 6505251300 MAIL ADDRESS: STREET 1: 950 TOWER LANE STREET 2: SUITE 1150 CITY: FOSTER CITY STATE: CA ZIP: 94404 SC 13G 1 0001.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 WJ Communications, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.01 Par Value Per Share - -------------------------------------------------------------------------------- (Title of Class of Securities) 929284 10 7 - -------------------------------------------------------------------------------- (CUSIP Number) August 23, 2000 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [_] Rule 13d-1(c) [X] Rule 13d-1(d) - ------------------------------ CUSIP No. 929284 10 7 13G - ------------------------------ - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Fox Paine & Company, LLC - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 0 ----------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 35,600,653 (See Item 4(a)) ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 ----------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH: 35,600,653 (See Item 4(a)) - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 35,600,653 (See Item 4(a)) - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 64.4% (See Item 4(a)) - -------------------------------------------------------------------------------- 12. TYPE OF PERSON REPORTING (SEE INSTRUCTIONS) OO - -------------------------------------------------------------------------------- Page 2 of 17 pages - ------------------------------ CUSIP No. 929284 10 7 13G - ------------------------------ - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Fox Paine Capital Fund, L.P. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 0 ----------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 35,080,129 (See Item 4(a)) ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 ----------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH: 35,080,129 (See Item 4(a)) - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 35,080,129 (See Item 4(a)) - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 63.5% (See Item 4(a)) - -------------------------------------------------------------------------------- 12. TYPE OF PERSON REPORTING (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- Page 3 of 17 pages - ------------------------------ CUSIP No. 929284 10 7 13G - ------------------------------ - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Fox Paine Capital, LLC - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 0 ----------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 38,297,868 (See Item 4(a)) ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 ----------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH: 38,297,868 (See Item 4(a)) - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 38,297,868 (See Item 4(a)) - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 69.3% (See Item 4(a)) - -------------------------------------------------------------------------------- 12. TYPE OF PERSON REPORTING (SEE INSTRUCTIONS) OO - -------------------------------------------------------------------------------- Page 4 of 17 pages - ------------------------------ CUSIP No. 929284 10 7 13G - ------------------------------ - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) FPC Investors, L.P. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 0 ----------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 520,524 (See Item 4(a)) ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 ----------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH: 520,524 (See Item 4(a)) - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 520,524 (See Item 4(a)) - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.9% (See Item 4(a)) - -------------------------------------------------------------------------------- 12. TYPE OF PERSON REPORTING (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- Page 5 of 17 pages - ------------------------------ CUSIP No. 929284 10 7 13G - ------------------------------ - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) WJ Coinvestment Fund I, LLC - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 0 ----------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 873,510 (See Item 4(a)) ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 ----------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH: 873,510 (See Item 4(a)) - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 873,510 (See Item 4(a)) - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.6% (See Item 4(a)) - -------------------------------------------------------------------------------- 12. TYPE OF PERSON REPORTING (SEE INSTRUCTIONS) OO - -------------------------------------------------------------------------------- Page 6 of 17 pages - ------------------------------ CUSIP No. 929284 10 7 13G - ------------------------------ - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) WJ Coinvestment Fund II, LLC - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 0 ----------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 1,276,594 (See Item 4(a)) ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 ----------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH: 1,276,594 (See Item 4(a)) - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,276,594 (See Item 4(a)) - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.3% (See Item 4(a)) - -------------------------------------------------------------------------------- 12. TYPE OF PERSON REPORTING (SEE INSTRUCTIONS) OO - -------------------------------------------------------------------------------- Page 7 of 17 pages - ------------------------------ CUSIP No. 929284 10 7 13G - ------------------------------ - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) WJ Coinvestment Fund III, LLC - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 0 ----------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 364,741 (See Item 4(a)) ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 ----------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH: 364,741 (See Item 4(a)) - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 364,741 (See Item 4(a)) - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.7% (See Item 4(a)) - -------------------------------------------------------------------------------- 12. TYPE OF PERSON REPORTING (SEE INSTRUCTIONS) OO - -------------------------------------------------------------------------------- Page 8 of 17 pages - ------------------------------ CUSIP No. 929284 10 7 13G - ------------------------------ - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) WJ Coinvestment Fund IV, LLC - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 0 ----------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 182,370 (See Item 4(a)) ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 ----------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH: 182,370 (See Item 4(a)) - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 182,370 (See Item 4(a)) - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.3% (See Item 4(a)) - -------------------------------------------------------------------------------- 12. TYPE OF PERSON REPORTING (SEE INSTRUCTIONS) OO - -------------------------------------------------------------------------------- Page 9 of 17 pages Item 1(a). Name of Issuer: WJ Communications, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 401 River Oaks Parkway San Jose, California 95134 Item 2(a). Name of Persons Filing:* Fox Paine & Company, LLC Fox Paine Capital Fund, L.P. Fox Paine Capital, LLC FPC Investors, L.P. WJ Coinvestment Fund I, LLC WJ Coinvestment Fund II, LLC WJ Coinvestment Fund III, LLC WJ Coinvestment Fund IV, LLC (*) A joint filing agreement is attached hereto as Exhibit I. Item 2(b). Address of Principal Business Office or, if none, Residence: c/o Fox Paine & Company, LLC 950 Tower Lane Suite 1150 Foster City, CA 94404-2131 Item 2(c). Citizenship: Delaware Item 2(d). Title of Class of Securities: Common Stock, $0.01 par value per share Item 2(e). CUSIP Number: 929284 10 7 Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a: (a).[_] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o) (b).[_] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c).[_] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d).[_] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). Page 10 of 17 pages (e).[_] An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f).[_] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g).[_] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h).[_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i).[_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j).[_] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). Not Applicable Item 4. Ownership. (a). Amount beneficially owned: Fox Paine & Company, LLC ("Company LLC") is the manager of (i) Fox Paine Capital Fund, L.P. ("LP1"), which may be deemed to own beneficially and directly 35,080,129 shares, or approximately 63.5%, of Common Stock of WJ Communications, Inc. (the "Issuer") and (ii) FPC Investors, L.P. ("LP2" and, together with LP1, the "LPs"), which may be deemed to own beneficially and directly 520,524 shares, or approximately 0.9%, of Common Stock of the Issuer. Fox Paine Capital, LLC ("Capital LLC") is the General Partner of each of the LPs and the Managing Member of each of WJ Coinvestment Fund I, LLC, WJ Coinvestment Fund II, LLC, WJ Coinvestment Fund III, LLC, and WJ Coinvestment Fund IV, LLC (collectively, the "Funds"). The Funds in the aggregate may be deemed to own beneficially and directly 2,697,215 shares, or approximately 4.9%, of Common Stock of the Issuer (873,510 shares, or approximately 1.6%, owned by WJ Coinvestment Fund I, LLC, 1,276,594 shares, or approximately 2.3%, owned by WJ Coinvestment Fund II, LLC, 364,741 shares, or approximately 0.7%, owned by WJ Coinvestment Fund III, LLC, and 182,370 shares, or approximately 0.3%, owned by WJ Coinvestment Fund IV, LLC). Company LLC, as the manager of the LPs, may be deemed to be the indirect beneficial owner in the aggregate of 35,600,653 shares, or approximately 64.4%, of the Common Stock of the Issuer owned by the LPs. Capital LLC, as the General Partner of the LPs and Managing Member of the Funds, may be deemed to be the Page 11 of 17 pages indirect beneficial owner in the aggregate of 38,297,868 shares, or approximately 69.3%, of the Common Stock of the Issuer owned by the LPs and the Funds. Each of Company LLC and Capital LLC disclaims ownership of the shares of Common Stock beneficially owned by the LPs and the Funds to the extent of the partnership or limited liability company interests in the LPs and the Funds held by persons other than Company LLC and Capital LLC, respectively. Saul A. Fox and W. Dexter Paine, III are the sole members of Company LLC and members of Capital LLC. In such capacities, Mr. Fox and Mr. Paine may be deemed to share beneficial ownership of the Common Stock beneficially owned by Company LLC and Capital LLC, but they disclaim any such beneficial ownership. In addition, Mr. Fox was issued 1,375 shares, or 0.002%, and Mr. Paine was issued 1,483 shares, or 0.003%, of the Common Stock of the Issuer under the Issuer's 2000 Non-Employee Director Stock Compensation Plan. Each of Messrs. Fox and Paine irrevocably elected to defer receipt of these shares until his relationship as a director of the Issuer is terminated. All ownership percentages have been calculated based on 55,245,052 shares of Common Stock of the Issuer outstanding as of December 31, 2000, as provided by the Issuer. (b). Percent of Class: See the response(s) to Item 11 on the attached cover page(s). See Item 4(a). (c). Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s). (ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s). (iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s). (iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s). Item 5. Ownership of Five Percent or Less of a Class. Not applicable Page 12 of 17 pages Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not Applicable Item 8. Identification and Classification of Members of the Group. See Item 4. Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certification. Not Applicable Page 13 of 17 pages SIGNATURE After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete, and correct. FOX PAINE & COMPANY, LLC, By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member FOX PAINE CAPITAL FUND, L.P., By: Fox Paine Capital, LLC, its General Partner By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member FOX PAINE CAPITAL, LLC By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member FPC INVESTORS, L.P., By: Fox Paine Capital, LLC, its General Partner By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member WJ COINVESTMENT FUND I, LLC, By: Fox Paine Capital, LLC, its Manager By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member Page 14 of 17 pages WJ COINVESTMENT FUND II, LLC, By: Fox Paine Capital, LLC, its Manager By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member WJ COINVESTMENT FUND III, LLC, By: Fox Paine Capital, LLC, its Manager By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member WJ COINVESTMENT FUND IV, LLC, By: Fox Paine Capital, LLC, its Manager By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member Dated: February 14, 2001 Page 15 of 17 pages EXHIBIT I JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing of a Statement on Schedule 13G (including any and all amendments thereto) (the "Statement") with respect to the shares of WJ Communications, Inc. and further agree to the filing of this agreement as an Exhibit thereto. In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to the Statement. Dated: February 14, 2001 FOX PAINE & COMPANY, LLC, By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member FOX PAINE CAPITAL FUND, L.P., By: Fox Paine Capital, LLC, its General Partner By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member FOX PAINE CAPITAL, LLC By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member FPC INVESTORS, L.P., By: Fox Paine Capital, LLC, its General Partner By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member Page 16 of 17 pages WJ COINVESTMENT FUND I, LLC, By: Fox Paine Capital, LLC, its Manager By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member WJ COINVESTMENT FUND II, LLC, By: Fox Paine Capital, LLC, its Manager By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member WJ COINVESTMENT FUND III, LLC, By: Fox Paine Capital, LLC, its Manager By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member WJ COINVESTMENT FUND IV, LLC, By: Fox Paine Capital, LLC, its Manager By: /s/ W. Dexter Paine, III ------------------------------------- Name: W. Dexter Paine, III Title: Member Page 17 of 17 pages -----END PRIVACY-ENHANCED MESSAGE-----