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WJ Communications Announces Results of Special Meeting of Stockholders and Closing of TriQuint Semiconductor Transaction


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© Business Wire 2008
2008-05-22 23:35:42 -

www.wj.com - WJ Communications, Inc. (NASDAQ:WJCI), a leading designer and supplier of radio frequency (RF) products and solutions for the wireless infrastructure and radio frequency identification (RFID) reader markets, today announced the results of a special meeting of its stockholders held May 22, 2008 regarding the proposed merger agreement with TriQuint Semiconductor, Inc. During the meeting, the

Company's stockholders approved the transaction. Thereafter, the acquisition by TriQuint of all outstanding shares of WJ Communications was closed.

With the transaction completed, all outstanding shares of WJ Communications, Inc. have converted into the right to receive $1.00 per share in cash. WJ Communications, Inc. is now a wholly owned subsidiary of TriQuint Semiconductor, Inc.

WJ Communications, Inc. ceased trading on the NASDAQ Global Market at the close of the market today and is no longer a publicly traded entity. Stockholders of WJ Communications seeking to redeem their shares for cash per the merger agreement should contact their broker or financial advisor.

About WJ Communications

WJ Communications, Inc. is a leading provider of radio frequency (RF) solutions serving multiple markets targeting wireless communications, RF identification (RFID), WiMAX, and RF power solutions. WJ addresses the RF challenges in these multiple markets with its highly reliable amplifiers, mixers, RF integrated circuits (RFICs), RFID reader modules, chipsets, and multi-chip (MCM) modules. For more information visit www.wj.com or call 408-577-6200.

All trademarks used, referenced, or implicitly contained herein are used in good faith and highlighted to give proper public recognition to their respective owners.

WJ Communications, Inc.
Greg Miller, 408-577-6261
Chief Financial Officer
Gregory.miller@wj.com


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