UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
S C H E D U L E 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)(1)
INFOCROSSING, INC.
(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE
(Title of Class of Securities)
205265101
(CUSIP Number)
Copy to:
Sandler Capital Management Michael R. Reiner, Esq.
767 Fifth Avenue Morrison Cohen Singer & Weinstein, LLP
New York, New York 10153 750 Lexington Avenue
Telephone (212) 754-8100 New York, New York 10022
Telephone (212) 735-8600
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 18, 2000
(Date of Event which Requires Filing this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-(g), check the following box
|_|.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
(Continued on following page(s))
----------
(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Sandler Capital Partners V, L.P.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
WC, OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 1,567,256 shares 21.7%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
642,085.3 shares 10.0%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,567,256 shares 21.7%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
642,085.3 shares 10.0%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,209,341.3 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
28.5%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Sandler Capital Partners V FTE, L.P.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
WC, OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 642,085.3 shares 10.0%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
1,567,256 shares 21.7%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 642,085.3 shares 10.0%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
1,567,256 shares 21.7%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,209,341.3 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
28.5%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Sandler Internet Partners, L.P.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
WC, OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 161,856.5 shares 2.7%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0 shares 0%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 161,856.5 shares 2.7%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0 shares 0%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
161,856.5 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.7%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Sandler Co-Investment Partners, L.P.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
WC, OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 40,464.4 shares 0.7%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0 shares 0%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 40,464.4 shares 0.7%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0 shares 0%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,464.4 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Sandler Investment Partners, L.P.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 0 shares 0%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
2,411,662.2 shares 30.4%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
2,411,662.2 shares 30.4%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,411,662.2 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Sandler Capital Management
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 0 shares 0%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
2,411,662.2 shares 30.4%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
2,411,662.2 shares 30.4%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,411,662.2 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
ARH Corp.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 0 shares 0%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
2,411,662.2 shares 30.4%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
2,411,662.2 shares 30.4%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,411,662.2 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MJDM Corp.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 0 shares 0%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
2,411,662.2 shares 30.4%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
2,411,662.2 shares 30.4%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,411,662.2 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Four JK Corp.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 0 shares 0%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
2,411,662.2 shares 30.4%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
2,411,662.2 shares 30.4%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,411,662.2 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 10 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Jirakal Corp.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 0 shares 0%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
2,411,662.2 shares 30.4%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
2,411,662.2 shares 30.4%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,411,662.2 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 11 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Harvey Sandler
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
PF, OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 0 shares 0%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
2,411,662.2 shares 30.4%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
2,411,662.2 shares 30.4%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,411,662.2 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 12 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Michael J. Marocco
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
PF,OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 0 shares 0%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
2,411,662.2 shares 30.4%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
2,411,662.2 shares 30.4%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,411,662.2 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 13 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
John Kornreich
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
PF,OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 0 shares 0%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
2,411,662.2 shares 30.4%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
2,411,662.2 shares 30.4%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,411,662.2 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 14 of 36
<PAGE>
CUSIP No. 205265101 13D
________________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
David Lee
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
PF,OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 0 shares 0%
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
2,411,662.2 shares 30.4%
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0 shares 0%
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
2,411,662.2 shares 30.4%
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,411,662.2 shares
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 15 of 36
<PAGE>
ITEM 1. SECURITY AND ISSUER
This Amendment No. 1 amends and supplements the Schedule 13D filed on May
22, 2000 by MJDM Corp. ("MJDM") in relation to the common stock (the "Common
Stock") of Infocrossing, Inc. (f/k/a Computer Outsourcing Services, Inc.), a
Delaware corporation (the "Issuer"), the principal executive offices of which
are located at 2 Christie Heights Street, Leonia, New Jersey 07605.
ITEM 2. IDENTITY AND BACKGROUND
Item 2 is hereby amended and restated as follows:
1. (a) Sandler Capital Partners V L.P., a limited partnership organized
under the laws of the State of Delaware ("Sandler V").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
2. (a) Sandler Capital Partners V FTE, L.P., a limited partnership
organized under the laws of the State of Delaware ("Sandler V
FTE").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
3. (a) Sandler Internet Partners, L.P., a limited partnership organized
under the laws of the State of Delaware ("Sandler Internet").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
4. (a) Sandler Co-Investment Partners, L.P., a limited partnership
organized under the laws of the State of Delaware ("Sandler
Co-Investment").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
5. (a) Sandler Investment Partners, L.P., a limited partnership
organized under the laws of the State of Delaware ("SIP").
Page 16 of 36
<PAGE>
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
6. (a) Sandler Capital Management, a registered investment advisor and a
general partnership organized under the laws of the State of New
York ("SCM").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
SCM is managed by a committee (the "Management Committee") consisting of
the principal stockholders of ARH Corp., MJDM Corp. and Four JK Corp. (Harvey
Sandler, Michael Marocco and John Kornreich). All decisions regarding Sandler V,
Sandler V FTE, Sandler Internet and Sandler Co-Investment's investment in the
securities of the Issuer require the consent of the Management Committee. SCM
currently has 5 other general partners, including a corporation owned by David
Lee, a director of the Issuer.
The attached Schedule I sets forth a list of each of the other general
partners of SCM (other than ARH Corp., MJDM Corp., Four JK Corp. and Jirakal
Corp.), the executive officers and directors of each of the general partners of
SCM, and the controlling persons of the other general partners of SCM, and
contains the following information with respect to each such person: (i) name,
(ii) business address, (iii) present principal occupation or employment and the
name, principal business and address of any corporation or other organization in
which such employment is conducted, and (iv) citizenship or state or other place
of organization.
7. (a) ARH Corp., a Delaware corporation.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
8. (a) MJDM Corp., a New York corporation.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
9. (a) Four JK Corp., a Delaware corporation.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
Page 17 of 36
<PAGE>
(d) No.
(e) No.
10. (a) Jirakal Corp., a New York corporation.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
11. (a) Harvey Sandler, is the sole stockholder of ARH Corp., President
of Sandler Enterprises and a Managing Director of SCM.
(b) Address: Sandler Enterprises
1555 North Park Drive, Suite 101
Weston, Florida 33329
(c) Principal Occupation: Investor.
(d) No.
(e) No.
(f) Citizenship: United States
ARH Corp. is a general partner of SCM, which is the general partner of SIP,
the general partner of Sandler V, Sandler V FTE, Sandler Internet and Sandler
Co-Investment. Harvey Sandler is the father of Andrew Sandler, the sole
shareholder of ALCR Corp., a general partner of SCM.
12. (a) Michael J. Marocco, is the sole shareholder of MJDM Corp. and a
Managing Director of SCM.
(b) Address: Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
MJDM Corp. is a general partner of SCM, which is the general partner of
SIP, the general partner of Sandler V, Sandler V FTE, Sandler Internet and
Sandler Co-Investment.
13. (a) John Kornreich, is the majority stockholder of Four JK Corp. and
a Managing Director of SCM.
(b) Address: Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
Page 18 of 36
<PAGE>
Four JK Corp. is a general partner of SCM, which is the general partner of
SIP, the general partner of Sandler V, Sandler V FTE, Sandler Internet and
Sandler Co-Investment.
14. (a) David Lee, is a director of the Issuer, the sole shareholder of
Jirakal Corp. and a Managing Director of SCM.
(b) Address: Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
Jirakal Corp. is a general partner of SCM, which is the general partner of
SIP, the general partner of Sandler V, Sandler V FTE, Sandler Internet and
Sandler Co-Investment.
None of the reporting persons and to the best of each of the reporting
person's knowledge, none of the persons named in Schedule I hereto, has during
the last five years, been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) or been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction resulting in a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding
any violation with respect to such laws.
ITEM 5. INTERESTS IN SECURITIES OF THE ISSUER
Item 5 is hereby amended and restated as follows:
(a) The following list sets forth the aggregate number and percentage
(based on 5,887,611 shares of Common Stock outstanding as reported by the Issuer
in its Form 10-Q for the period ended July 31, 2000), of outstanding shares of
Common Stock owned beneficially by each reporting person named in Item 2, as of
December 18, 2000:
Page 19 of 36
<PAGE>
<TABLE>
<CAPTION>
Shares of Common Percentage of Shares
Stock Beneficially of Common Stock
Name Owned Beneficially Owned
---- ----- ------------------
<S> <C> <C>
Sandler Capital Partners V, L.P. 2,209,341.3(2),(3),(4) 28.5%
Sandler Capital Partners V FTE, L.P. 2,209,341.3(2),(3),(4) 28.5%
Sandler Internet Partners, L.P. 161,856.5(4),(5) 2.7%
Sandler Co-Investment Partners, L.P. 40,464.4(4),(6) 0.7%
Sandler Investment Partners, L.P. 2,411,662.2(2),(3),(4),(5),(6) 30.4%
Sandler Capital Management 2,411,662.2(2),(3),(4),(5),(6) 30.4%
ARH Corp. 2,411,662.2(2),(3),(4),(5),(6) 30.4%
MJDM Corp. 2,411,662.2(2),(3),(4),(5),(6) 30.4%
Four JK Corp. 2,411,662.2(2),(3),(4),(5),(6) 30.4%
Jirakal Corp. 2,411,662.2(2),(3),(4),(5),(6) 30.4%
Harvey Sandler 2,411,662.2(2),(3),(4),(5),(6) 30.4%
Michael J. Marocco 2,411,662.2(2),(3),(4),(5),(6) 30.4%
John Kornreich 2,411,662.2(2),(3),(4),(5),(6) 30.4%
David Lee 2,411,662.2(2),(3),(4),(5),(6) 30.4%
</TABLE>
(b) SCM is managed by a Management Committee consisting of the principal
stockholders of ARH Corp., MJDM Corp. and Four JK Corp. (Harvey Sandler, Michael
Marocco and John Kornreich). All decisions regarding Sandler V, Sandler V FTE,
Sandler Internet and Sandler Co-Investment's investment in the securities of the
Issuer require the consent of the Management Committee. SCM currently has 5
other general partners, including a corporation owned by David Lee, a director
of the Issuer.
--------
(2) Includes 507,960 shares of Common Stock issuable upon the conversion of the
50,796 shares of Series A Preferred Stock owned by Sandler V, 817,221
shares of Common Stock issuable upon the exercise of the Warrants owned by
Sandler V and 242,075 shares of Common Stock issuable upon the exercise of
the Options owned by Sandler V.
(3) Includes 208,105 shares of Common Stock issuable upon the conversion of the
20,810.5 shares of Series A Preferred Stock owned by Sandler V FTE,
334,805.3 shares of Common Stock issuable upon the exercise of the Warrants
owned by Sandler V FTE and 99,175 shares of Common Stock issuable upon the
exercise of the Options owned by Sandler V FTE.
(4) The reporting person disclaims beneficial ownership of these securities
except to the extent of his/its equity interest therein.
(5) Includes 52,459 shares of Common Stock issuable upon the conversion of
5,245.9 shares of Series A Preferred Stock owned by Sandler Internet,
84,397.5 shares of Common Stock issuable upon the exercise of the Warrants
owned by Sandler Internet and 25,000 shares of Common Stock issuable upon
the exercise of the Options owned by Sandler Internet.
(6) Includes 13,115 shares of Common Stock issuable upon the conversion of
1,311.5 shares of Series A Preferred Stock owned by Sandler Co-Investment,
21,099.4 shares of Common Stock issuable upon the exercise of the Warrants
owned by Sandler Co-Investment and 6,250 shares of Common Stock issuable
upon the exercise of the Options owned by Sandler Co-Investment.
Page 20 of 36
<PAGE>
Sandler V has sole power to vote and to dispose of 1,567,256 shares of
Common Stock (including 507,960 shares of Common Stock issuable upon the
conversion of the Series A Preferred Stock, 817,221 shares of Common Stock
issuable upon the exercise of the Warrants and 242,075 shares of Common Stock
issuable upon the exercise of the Options), representing approximately 21.7% of
the outstanding shares of Common Stock. Sandler V may be deemed to have shared
power to vote and to dispose of 642,085.3 shares of Common Stock (including
208,105 shares of Common Stock issuable upon the conversion of the Series A
Preferred Stock, 334,805.3 shares of Common Stock issuable upon the exercise of
the Warrants and 99,175 shares of Common Stock issuable upon the exercise of the
Options), representing approximately 10.0% of the outstanding shares of Common
Stock.
Sandler V FTE has sole power to vote and to dispose of 642,085.3 shares of
Common Stock (including 208,105 shares of Common Stock issuable upon the
conversion of the Series A Preferred Stock, 334,805.3 shares of Common Stock
issuable upon the exercise of the Warrants and 99,175 shares of Common Stock
issuable upon the exercise of the Options), representing approximately 10.0% of
the outstanding shares of Common Stock. Sandler V FTE may be deemed to have
shared power to vote and to dispose of 1,567,256 shares of Common Stock
(including 507,960 shares of Common Stock issuable upon the conversion of the
Series A Preferred Stock, 334,805.3 shares of Common Stock issuable upon the
exercise of the Warrants and 242,075 shares of Common Stock issuable upon the
exercise of the Options), representing approximately 21.7% of the outstanding
shares of Common Stock.
Sandler Internet has sole power to vote and to dispose of 161,856.5 shares
of Common Stock (including 52,459 shares of Common Stock issuable upon the
conversion of the Series A Preferred Stock, 84,397.5 shares of Common Stock
issuable upon the exercise of the Warrants and 25,000 shares of Common Stock
issuable upon the exercise of the Options), representing approximately 2.7% of
the outstanding shares of Common Stock.
Sandler Co-Investment has sole power to vote and to dispose of 40,464.4
shares of Common Stock (including 13,115 shares of Common Stock issuable upon
the conversion of the Series A Preferred Stock, 21,099.4 shares of Common Stock
issuable upon the exercise of the Warrants and 6,250 shares of Common Stock
issuable upon the exercise of the Options), representing approximately 0.7% of
the outstanding shares of Common Stock.
By virtue of being the general partner of Sandler V, Sandler V FTE, Sandler
Internet and Sandler Co-Investment, Sandler Investment Partners may be deemed to
have shared power to vote and to dispose of 2,411,662.2 shares of Common Stock
(including 781,639 shares of Common Stock issuable upon the conversion of the
Series A Preferred Stock, 1,257,523.2 shares of Common Stock issuable upon the
exercise of the Warrants and 372,500 shares of Common Stock issuable upon the
exercise of the Options), representing approximately 30.4% of the outstanding
shares of Common Stock.
By virtue of being the general partner of Sandler Investment Partners,
Sandler Capital Management may be deemed to have shared power to vote and to
dispose of 2,411,662.2 shares of Common Stock (including 781,639 shares of
Common Stock issuable upon the conversion of the Series A Preferred Stock,
1,257,523.2 shares of Common Stock issuable upon the exercise of the
Page 21 of 36
<PAGE>
Warrants and 372,500 shares of Common Stock issuable upon the exercise of the
Options), representing approximately 30.4% of the outstanding shares of Common
Stock.
By virtue of being a general partner of Sandler Capital Management, each of
ARH Corp., MJDM Corp., Four JK Corp. and Jirakal Corp., may be deemed to have
shared power to vote and to dispose of 2,411,662.2 shares of Common Stock
(including 781,639 shares of Common Stock issuable upon the conversion of the
Series A Preferred Stock, 1,257,523.2 shares of Common Stock issuable upon the
exercise of the Warrants and 372,500 shares of Common Stock issuable upon the
exercise of the Options), representing approximately 30.4% of the outstanding
shares of Common Stock.
By virtue of being the sole stockholder of ARH Corp. and a member of the
Management Committee of SCM, Harvey Sandler may be deemed to have shared power
to vote and to dispose of 2,411,662.2 shares of Common Stock (including 781,639
shares of Common Stock issuable upon the conversion of the Series A Preferred
Stock,1,257,523.2 shares of Common Stock issuable upon the exercise of the
Warrants and 372,500 shares of Common Stock issuable upon the exercise of the
Options), representing approximately 30.4% of the outstanding shares of Common
Stock.
By virtue of being the sole shareholder of MJDM Corp. and a member of the
Management Committee of SCM, Michael Marocco may be deemed to have shared power
to vote and to dispose of 2,411,662.2 shares of Common Stock (including 781,639
shares of Common Stock issuable upon the conversion of the Series A Preferred
Stock, 1,257,523.2 shares of Common Stock issuable upon the exercise of the
Warrants and 372,500 shares of Common Stock issuable upon the exercise of the
Options), representing approximately 30.4% of the outstanding shares of Common
Stock.
By virtue of being the majority stockholder of Four JK Corp. and a member
of the Management Committee of SCM, John Kornreich may be deemed to have shared
power to vote and to dispose of 2,411,662.2 shares of Common Stock (including
781,639 shares of Common Stock issuable upon the conversion of the Series A
Preferred Stock, 1,257,523.2 shares of Common Stock issuable upon the exercise
of the Warrants and 372,500 shares of Common Stock issuable upon the exercise of
the Options), representing approximately 30.4% of the outstanding shares of
Common Stock.
By virtue of being the sole shareholder of Jirakal Corp., David Lee may be
deemed to have shared power to vote and to dispose of 2,411,662.2 shares of
Common Stock (including 781,639 shares of Common Stock issuable upon the
conversion of the Series A Preferred Stock, 1,257,523.2 shares of Common Stock
issuable upon the exercise of the Warrants and 372,500 shares of Common Stock
issuable upon the exercise of the Options), representing approximately 30.4% of
the outstanding shares of Common Stock.
(c) The following is a description of all transactions in shares of Common
Stock of the Issuer by the reporting persons identified in Item 2 of this
Schedule 13D effected during the sixty days prior to December 18, 2000:
Page 22 of 36
<PAGE>
Pursuant to an Assignment and Assumption of Securities Agreement by and
between the Issuer, Sandler V and Sandler V FTE, dated as of December 18, 2000
("Assignment and Assumption Agreement (Shares and Warrants)"), Sandler V
assigned 20,810.5 of its shares of Series A Preferred Stock and 334,805.3 of its
Warrants to purchase shares of the Issuer's Common Stock to Sandler V FTE.
Additionally, pursuant to an Assignment and Assumption of Securities Agreement
by and between Zach Lonstein, Chairman of the Board and Chief Executive Officer
of the Issuer ("Lonstein"), Sandler V and Sandler V FTE, dated as of December
18, 2000 ("Assignment and Assumption Agreement (Options)"), Lonstein permitted
Sandler V to assign 99,175 of its irrevocable options to purchase the Issuer's
Common Stock to Sandler V FTE. Sandler V FTE transferred in the aggregate
$7,934,003.13 to Sandler V for the Series A Preferred Stock, Warrants and
Options.
(d) No other person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of such securities.
(e) Not applicable.
ITEM 6. CONTRACTS ARRANGEMENTS UNDERSTANDING OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER
Item 6 is hereby amended by adding the following paragraphs:
Amended and Restated Option Agreement. Pursuant to an Amended and Restated
Option Agreement, dated as of December 18, 2000, between Lonstein and Sandler V,
Lonstein granted an irrevocable option to Sandler V to purchase up to 242,075
shares of Common Stock held by him at a purchase price of $25.00 per share.
Option Agreement. Pursuant to an Option Agreement, dated as of December 18,
2000, between Lonstein and Sandler V FTE, Lonstein granted an irrevocable option
to Sandler V FTE to purchase up to 99,175 shares of Common Stock held by him at
a purchase price of $25.00 per share.
Assignment and Assumption Agreement (Shares and Warrants). Pursuant to an
Assignment and Assumption Agreement, dated as of December 18, 2000, Sandler V
assigned 20,810.5 shares of the Issuer's Series A Preferred Stock and 334,805.3
Warrants to purchase the Issuer's Common Stock to Sandler V FTE.
Assignment and Assumption Agreement (Options). Pursuant to an Assignment
and Assumption Agreement, dated as of December 18, 2000, Sandler V assigned
99,175 of its irrevocable options to purchase shares of Common Stock of the
Issuer at a price of $25.00 per share to Sandler V FTE."
Accession Agreement. Pursuant to an Accession Agreement to the Stockholders
Agreement, dated as of December 19, 2000, Sandler V FTE became a party to the
Stockholders Agreement, dated as of December 11, 2000.
Page 23 of 36
<PAGE>
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS
Item 7 is hereby amended by adding the following paragraphs:
Exhibit 9. Agreement among the reporting persons, effective as of
December 18, 2000, by which they have agreed to file this Schedule 13D
and all necessary amendments, as required by Rule 13d-1(f).
Exhibit 10. Amended and Restated Option Agreement, dated as of
December 18, 2000, between Sandler V and Lonstein.
Exhibit 11. Option Agreement, dated as of December 18, 2000, between
Lonstein and Sandler V FTE.
Exhibit 12. Assignment and Assumption of Securities Agreement, dated
of as December 18, 2000, by and among the Issuer, Sandler V (Assignor)
and Sandler V FTE (Assignee) (Shares and Warrants).
Exhibit 13. Assignment and Assumption of Securities Agreement, dated
as of December 18, 2000, by and among the Issuer, Lonstein, Sandler V
(Assignor) and Sandler V FTE (Assignee) (Options).
Exhibit 14. Instrument of Accession, dated as of December 19, 2000,
executed by Sandler V FTE.
Page 24 of 36
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of his/her/its knowledge and
belief, each of the undersigned hereby certifies that the information set forth
in this Schedule is true, complete and correct.
Dated: January 9, 2001
SANDLER CAPITAL PARTNERS V, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: MJDM Corp., a
General Partner
By: /s/ Moira Mitchell
-----------------------------
Name: Moira Mitchell
Title: President
SANDLER CAPITAL PARTNERS V FTE, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: MJDM Corp., a
General Partner
By: /s/ Moira Mitchell
-----------------------------
Name: Moira Mitchell
Title: President
SANDLER INTERNET PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: MJDM Corp., a
General Partner
By: /s/ Moira Mitchell
-----------------------------
Name: Moira Mitchell
Title: President
Page 25 of 36
<PAGE>
SANDLER CO-INVESTMENT PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: MJDM Corp., a
General Partner
By: /s/ Moira Mitchell
-----------------------------
Name: Moira Mitchell
Title: President
SANDLER INVESTMENT PARTNERS, L.P.
By: Sandler Capital Management,
General Partner
By: MJDM Corp., a General Partner
By: /s/ Moira Mitchell
----------------------------
Name: Moira Mitchell
Title: President
SANDLER CAPITAL MANAGEMENT
By: MJDM Corp., a General Partner
By: /s/ Moira Mitchell
----------------------------
Name: Moira Mitchell
Title: President
ARH CORP.
By: /s/ Moira Mitchell
----------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
MJDM CORP.
By: /s/ Moira Mitchell
----------------------------
Name: Moira Mitchell
Title: President
FOUR JK CORP.
By: /s/ Moira Mitchell
----------------------------
Name: Moira Mitchell
Title: President
Page 26 of 36
<PAGE>
JIRAKAL CORP.
By: /s/ Moira Mitchell
----------------------------
Name: Moira Mitchell
Title: President
/s/ Harvey Sandler
----------------------------
Harvey Sandler
/s/ Michael J. Marocco
----------------------------
Michael J. Marocco
/s/ John Kornreich
----------------------------
John Kornreich
/s/ David Lee
----------------------------
David Lee
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
Page 27 of 36
<PAGE>
The following Schedule sets forth a list of each of the other general
partners of Sandler Capital Management (other than ARH Corp., MJDM Corp., Four
JK Corp. and Jirakal Corp.), the executive officers and directors of each of the
general partners of Sandler Capital Management, and the controlling persons of
the other general partners of Sandler Capital Management, and contains the
following information with respect to each such person: (i) name, (ii) business
address, (iii) present principal occupation or employment and the name,
principal business and address of any corporation or other organization in which
such employment is conducted, and (iv) citizenship or state or other place of
organization.
SCHEDULE 1
OTHER GENERAL PARTNERS OF SANDLER CAPITAL MANAGEMENT
<TABLE>
<CAPTION>
Citizenship or State or Other Present principal business and
Name/Position Place of Organization address of its principal office
------------- --------------------- -------------------------------
<S> <C> <C>
ALCR Corp., General Partner New York Investments
767 Fifth Avenue
New York, New York 10153
Terpsi Corp., General Partner New York Investments
767 Fifth Avenue
New York, New York 10153
Serf Corp., General Partner New York Investments
767 Fifth Avenue
New York, New York 10153
Medg Corp., General Partner New York Investments
767 Fifth Avenue
New York, New York 10153
<CAPTION>
EXECUTIVE OFFICERS AND DIRECTORS OF ARH CORP.
Present principal occupation or
employment and name,
Citizenship or State or Other principal business and
Name/Position Place of Organization address of employer
------------- --------------------- -------------------
<S> <C> <C>
Jeffrey M. Levine, President United States Chief Financial Officer
Sandler Enterprises
1555 North Park Drive
Suite 101
Weston, Florida 33329
</TABLE>
Page 28 of 36
<PAGE>
<TABLE>
<S> <C> <C>
Moira Mitchell, Secretary United States Administrative
and Treasurer Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
Ricky Sandler, Director United States Investments
Eminence Partners LLC
20 Park Avenue
Suite 3300
New York, New York 10166
<CAPTION>
EXECUTIVE OFFICERS AND DIRECTORS OF MJDM CORP.
Present principal occupation or
employment and name,
Citizenship or State or Other principal business and
Name/Position Place of Organization address of employer
------------- --------------------- -------------------
<S> <C> <C>
Moira Mitchell, President United States Administrative
Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
Kathy Rose, Vice President, United States Administrative
Treasurer and Secretary Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
Michael Todress, Director United States Accountant
Todress and Rubin LLP
400 Post Avenue
Suite 205
Westbury, New York 11590
<CAPTION>
EXECUTIVE OFFICERS AND DIRECTORS OF FOUR JK CORP.
Present principal occupation or
employment and name,
Citizenship or State or Other principal business and
Name/Position Place of Organization address of employer
------------- --------------------- -------------------
<S> <C> <C>
Moira Mitchell, Director and United States Administrative
President Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
</TABLE>
Page 29 of 36
<PAGE>
<TABLE>
<S> <C> <C>
Kathy Rose, Vice President United States Administrative
and Secretary Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
<CAPTION>
EXECUTIVE OFFICERS AND DIRECTORS OF JIRAKAL CORP.
Present principal occupation or
employment and name,
Citizenship or State or Other principal business and
Name/Position Place of Organization address of employer
------------- --------------------- -------------------
<S> <C> <C>
Moira Mitchell, President United States Administrative
Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
Kathy Rose, Vice President United States Administrative
and Secretary Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
Michael Todress, Director United States Accountant
Todress and Rubin LLP
400 Post Avenue
Suite 205
Westbury, New York 11590
<CAPTION>
EXECUTIVE OFFICERS, DIRECTORS AND SHAREHOLDERS OF ALCR CORP.
Present principal occupation or
employment and name,
Citizenship or State or Other principal business and
Name/Position Place of Organization address of employer
------------- --------------------- -------------------
<S> <C> <C>
Jeffrey M. Levine, President United States Chief Financial Officer
Sandler Enterprises
1555 North Park Drive
Suite 101
Weston, Florida 33329
Moira Mitchell, Vice United States Administrative
President and Secretary Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
</TABLE>
Page 30 of 36
<PAGE>
<TABLE>
<S> <C> <C>
Ricky Sandler, Director United States Investments
Eminence Partners LLC
20 Park Avenue
Suite 3300
New York, New York 10166
Andrew Sandler, Sole United States Managing Director
Shareholder Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
<CAPTION>
EXECUTIVE OFFICERS, DIRECTORS AND SHAREHOLDERS OF TERPSI CORP.
Present principal occupation or
employment and name,
Citizenship or State or Other principal business and
Name/Position Place of Organization address of employer
------------- --------------------- -------------------
<S> <C> <C>
Moira Mitchell, President United States Administrative
Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
Kathy Rose, Vice President United States Administrative
and Secretary Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
Michael Todress, Director United States Accountant
Todress and Rubin LLP
400 Post Avenue
Suite 205
Westbury, New York 11590
Hannah Stone, Sole United States Managing Director
Shareholder Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
</TABLE>
Page 31 of 36
<PAGE>
<TABLE>
<CAPTION>
EXECUTIVE OFFICERS, DIRECTORS AND SHAREHOLDERS OF SERF CORP.
Present principal occupation or
employment and name,
Citizenship or State or Other principal business and
Name/Position Place of Organization address of employer
------------- --------------------- -------------------
<S> <C> <C>
Moira Mitchell, President United States Administrative
Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
Kathy Rose, Vice President United States Administrative
and Secretary Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
Michael Todress, Director United States Accountant
Todress and Rubin LLP
400 Post Avenue
Suite 205
Westbury, New York 11590
David Schimmel, Sole United States Managing Director
Shareholder Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
</TABLE>
Page 32 of 36
<PAGE>
<TABLE>
<CAPTION>
EXECUTIVE OFFICERS, DIRECTORS AND SHAREHOLDERS OF MEDG CORP.
Present principal occupation or
employment and name,
Citizenship or State or Other principal business and
Name/Position Place of Organization address of employer
------------- --------------------- -------------------
<S> <C> <C>
Moira Mitchell, Director and United States Administrative
President Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
Anthony Cimini, Director, United States Controller
Vice President and Secretary Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
Edward Grinacoff, Sole United States Managing Director
Shareholder Sandler Capital Management
767 Fifth Avenue
New York, New York 10153
</TABLE>
Page 33 of 36
