WJ Communications Appoints Bruce W. Diamond as Chief Executive Officer
Source/Type: Company News Releases

June 29, 2005... Company Reaffirms Second Quarter Revenue Guidance

San Jose, California USA--WJ Communications announced that it has appointed Bruce W. Diamond as President and Chief Executive Officer. Mr. Diamond has been a WJ Communications Board member since July of 2003 and brings over 20 years of semiconductor industry experience in management and operations. Mr. Diamond replaces Dr. Mike Farese who has resigned from the Company in order to pursue other opportunities. The Company also announced today that it is reaffirming the guidance given on May 12, 2005 of $7.7 million to $8.5 million in second quarter 2005 revenues.

"As a current Board member, Bruce's advice and counsel have been invaluable as he understands the needs of our customers and has a vision for leading WJ Communications to future growth," said W. Dexter Paine, III, WJ Communications, Chairman of the Board. "His extensive semiconductor industry experience in management, operations and manufacturing will be a tremendous asset as WJ Communications continues to establish itself as a leading supplier of RF solutions for the wireless infrastructure and RFID reader markets. Having held leadership roles at numerous semiconductor companies Bruce has helped develop new markets, overseen the introduction of many innovative product lines and focused on improving manufacturing efficiencies. We look forward to the contributions that Bruce can make to our future growth and are pleased to have a manager of his experience and accomplishments to lead our company."

"Through my experience on WJ Communications Board, I understand the tremendous potential this company has in a number of markets," commented Mr. Diamond. "WJ Communications has a long history of excellence in wireless infrastructure and continues to develop products for fast growing new markets like RFID. I am excited about the opportunities at WJ and believe the Company has a truly exciting future."

Until recently, Mr. Diamond was Chief Operating Officer and Executive Vice President at Zilog Corporation, a San Jose, CA based publicly traded provider of integrated 8-bit microcontrollers (MCU) and universal remote control solutions. Prior to this, he served as President and Chief Operating Officer for Sipex, Inc., an analog semiconductor company, where he was responsible for day-to-day operations including development of the Optical Storage, Power, and Interface products. From October 1997 to December 2000, Mr. Diamond served as Sr. Vice President of Operations for ANADIGICS, Inc., an RF-based semiconductor integrated circuit company, where he was responsible for building an industry leading GaAs (Gallium Arsenide) Wafer Fabrication facility. Earlier in his career, Mr. Diamond held various senior positions within National Semiconductor Corporation. Mr. Diamond holds a Bachelor of Science degree in electrical engineering from the University of Illinois at Champaign-Urbana.

"We deeply appreciate all of Mike's hard work in building a leading semiconductor company," continued Dexter Paine, III. "We thank him for all of his contributions to WJ Communications and wish him well in the future."

About WJ Communications

WJ Communications, Inc. is a leading provider of radio frequency (RF) solutions serving multiple markets targeting wireless communications, RF identification (RFID), broadband cable, and defense and homeland security. 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.

This release contains forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995) including financial projections, statements as to the plans and objectives of management for future operations, and statements as to the Company's future economic performance, financial condition or results of operations. These forward-looking statements are not historical facts but rather are based on current expectations about our industry, our beliefs and our assumptions. Words such as "may," "will," "expects," "intends," "plans," "believes," "seeks" "could" and "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. The Company's actual results may differ materially from those projected in these forward-looking statements as a result of a number of factors, including, but not limited to, the actual success of deploying 3G in the second half of 2005, the actual future success in building relationships with major OEMs from RFID business in 2005, our actual future performance in wireless infrastructure for 2005, actual revenue performance in the second quarter of 2005 and Risk Factors as contained in the Company's recent Form 10-K for year ended 2004 and such other factors as described from time to time in the Company's filings with the Securities & Exchange Commission which are available on the SEC website at www.sec.gov. The forward-looking statements contained in this press release represent the Company's views as of June 29, 2005. Readers of this release are cautioned not to place undue reliance on these forward-looking statements. Although subsequent events may cause the Company's view to change, the Company undertakes no obligation to publicly update or revise the forward-looking statements contained herein to reflect changed events or circumstances after the date of this press release, whether as the result of new information, future events or otherwise. The statements should therefore not be relied upon as representing the Company's view as of any date subsequent to the date of this release.


Contact:
WJ Communications
Ephraim Kwok, 408-577-6219

or
The Blueshirt Group for WJ Communications
Chris Danne, 415-217-7722 (Investor Relations)

Rakesh Mehta, 415-217-7722 (Investor Relations)

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