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Support for our EMEA partners

Zspain1aragoza Spain is the setting for ClearOne’s 2014 EMEA Partner Conference, a 3-day training event which will cover the newest innovations in media collaboration, multimedia streaming, professional audio and digital signage.

 

Zee Hakimoglu kicks off the conference October 14, with an overview of ClearOne’s vision and market strategy. Executive leadership will cover their respective divisions and product lines with a glimpse at the future of the AV industry and the direction for ClearOne’s portfolio:

 

ClearOne puts media collaboration within anyone’s reach both on-premise and in the cloud, while removing the barriers of complexity and high cost.

 

 

Unparalleled pro audio conferencing and distribution includes the game-changing Beamforming Microphone Array and Wireless Microphone System

 

Scalable multimedia streaming and distribution technology provides the flexibility to use existing network IP infrastructure.

 

Digital signage solutions are scalable and optimized for large corporate or light commercial environments.spain2

 

Partners will follow dual educational tracks to cover the complete ClearOne portfolio with in-depth technical training; “Lunch & Learn” sessions for open-forum Q&A; and optional hands-on evening sessions to go beyond the refreshers and truly test everyone’s technical knowledge with more advanced  topics.

 

emea conference pic

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ClearOne Offers New Digital Wireless Microphone Systems Specifically for the European Telecommunications Market

 

 

ClearOne Offers New Digital Wireless Microphone Systems Specifically for the European Telecommunications Market

 

Microphones Operate with any DSP Mixer for Conferencing or Live Performances, and are Optimized to Work with ClearOne CONVERGE Pro and INTERACT Pro
SALT LAKE CITY, Oct. 9, 2014 /PRNewswire/ — ClearOne (NASDAQ: CLRO), a world leader in voice and visual communication solutions, has released five new models of digital wireless microphones for use within the member countries of the European Union, and which comply with new European telecommunications regulations.

“This new series of digital wireless microphones from ClearOne has been redesigned with a unique method for data compression that reduces the occupied bandwidth from 500 kHz to 200 kHz per channel to comply with European standards, without compromising the quality and fidelity of the reproduced audio signal,” said Durai Ramachandiran, Senior Director of Product Line Management for ClearOne. “Value Added Resellers can choose among systems in the 900 MHz, 700 MHz, 600 MHz or 500 MHz frequency ranges depending on region and confidently deliver to their customers anywhere in Europe in compliance with local technical regulations intended to prevent interference with broadcasters and wireless carriers.”

ClearOne’s digital wireless microphones are ideal for both conferencing and live performance applications with any DSP mixer. They are optimized to work with ClearOne CONVERGE® Pro and INTERACT® Pro products, and perfectly complement ClearOne professionally installed audio conferencing systems. All microphones use radio-frequency digital wireless signal transmission technology with highly secure encryption to preserve privacy, and come equipped with convenient field-replaceable batteries and USB charging options. Five models of wireless microphones and transmitters are available: wireless tabletop, wireless gooseneck, wireless hand-held, wireless belt-pack lavalier, and a single-ear headset option.

The product is targeted to ship in November 2014. More details on ClearOne digital wireless microphone systems are located at http://www.clearone.com/products_wireless_microphone_system

About ClearOne
ClearOne is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for voice and visual communications. The performance and simplicity of its advanced, comprehensive solutions offer unprecedented levels of functionality, reliability, and scalability. More information about the company can be found at http://www.clearone.com.

Printable releases are available in our Investor Relations area at http://investors.clearone.com.

Contact:
Jimmie Owsley
ClearOne Marketing
1-801-975-7200
jimmie.owsley@clearone.com

SOURCE ClearOne

News Provided by Acquire Media

 

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CRN Recognizes ClearOne in its Annual Network Connectivity Services Partner Program Guide

 

CRN Recognizes ClearOne in its Annual Network Connectivity Services Partner Program Guide

 

 

The Premier Channel Partner Program from ClearOne Combines Innovative, Award-Winning Voice and Video Media Collaboration Solutions with Premium Support for Select Resellers

 

SALT LAKE CITY, Sept. 24, 2014 /PRNewswire/ — ClearOne (NASDAQ: CLRO) has been profiled in the prestigious CRN 2014 Network Connectivity Services Partner Program Guide (PPG) for the ClearOne Premier Partner Program. Each year, CRN highlights the industry leaders in the telecom, cloud, and connectivity industries. It also recognizes industry leaders ready, willing, and able to help partners understand and benefit from technology convergence.

 

Channel resellers have many choices when selecting manufacturing partners. Identifying the right suppliers, with the right technologies and the right approaches is critical to their success. A fundamental change is happening in the industry as disparate types of solution and service providers are coming together. Through resources like the CRN Network Connectivity Services Partner Program Guide, companies seeking vendor partners are better able to identify those known for channel-savvy, go-to-market strategies, and creative ways of embracing shared market opportunities.

 

The ClearOne Premier Partner Program is designed to meet and exceed the needs of select resellers, focusing on audio and visual collaboration opportunities. These organizations extend ClearOne’s reach by marketing, selling, and providing high-level services with the company’s portfolio of conferencing, collaboration, network streaming, and digital signage solutions. Many of ClearOne’s channel partners focus on specific types of solutions, vertical markets, and geographic regions.

 

ClearOne is focused on the critical role played by its channel partners in delivering superior solutions to end users, and giving them the guidance, services, and support to gain the greatest benefit from ClearOne solutions. The company provides partners with the resources and support they need to fulfill their commitments to their customers.

 

Resellers wishing to join the ClearOne Premier Partner Program can learn more by visiting: http://www.clearone.com/partners_prospectivepartners.

 

About ClearOne

ClearOne is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for voice and visual communications. The performance and simplicity of its advanced, comprehensive solutions offer unprecedented levels of functionality, reliability and scalability. More information about the company can be found at www.clearone.com.

 

Printable releases are available in our Investor Relations area at http://investors.clearone.com.

 

About The Channel Company

The Channel Company, publisher of CRN, is the channel community’s trusted authority for growth and innovation. For more than three decades, it has leveraged its proven and leading-edge platforms to deliver prescriptive sales and marketing solutions for the technology channel.

 

Contact:

 

Jimmie Owsley

ClearOne Marketing

1-801-975-7200

jimmie.owsley@clearone.com

 

SOURCE ClearOne

 

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ClearOne Achieves Intellectual Property Milestone: Files 100th Patent Application

 

ClearOne Achieves Intellectual Property Milestone: Files 100th Patent Application

 

Patent Portfolio Encompasses Five Key Innovation Areas in Audio and Visual Communications

 

 

SALT LAKE CITY, Sept. 11, 2014 /PRNewswire/ — ClearOne (NASDAQ: CLRO), a world leader in voice and visual communication solutions, today announced it has more than 100 patent grants and applications, including those accumulated by ClearOne through its acquisitions. To date, 61 of these patents have been granted with 39 more in process.

 

The company’s portfolio comprises present and future patent protection in five strategic categories: Audio Signal Processing, Video Conferencing, Multimedia Network Streaming, Wireless, and Industrial Design. These patents were filed with the United States Patent and Trademark Office, and with international patent agencies in Europe and the Asia-Pacific region.

 

“The intellectual property developed in house and obtained through acquisitions over the past decade are strategically significant, and will contribute to the future value of the company,” said Zee Hakimoglu, Chairman and CEO of ClearOne. “Our global R&D team is the best and brightest in the industry at creating innovative and differentiated technologies that deliver both world-class business solutions to our customers, and sustained value to our shareholders.”

 

ClearOne is committed to investing in the growth of its patent portfolio to promote continuous research while protecting its innovations. It is well known in the industry for incorporating the latest new technologies into its expanding product lines.

 

About ClearOne

ClearOne is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for voice and visual communications. The performance and simplicity of its advanced, comprehensive solutions offer unprecedented levels of functionality, reliability, and scalability. More information about the company can be found at www.clearone.com

 

Printable releases are available in our Investor Relations area at http://investors.clearone.com

 

This release contains “forward-looking” statements that are based on present circumstances and on ClearOne’s predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements, including acquisitions or investments the company may make to fuel growth and any statements of the plans and objectives of management for future operations and forecasts of future growth and value, are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements. Such forward-looking statements are made only as of the date of this release and ClearOne assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements.

 

Contact:
Jimmie Owsley
ClearOne Marketing
1-801-975-7200
jimmie.owsley@clearone.com

 

SOURCE ClearOne

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ClearOne Reports Second Quarter Results

 

 

ClearOne Reports Second Quarter Results

 

ClearOne Reports record 21% Revenue Growth with Continued Profitability
SALT LAKE CITY, Aug. 12, 2014 /PRNewswire/ —

ClearOne Reports record 21% Revenue Growth with Continued Profitability

SALT LAKE CITY, Aug. 12, 2014 /PRNewswire/ —

Second Quarter 2014 Highlights

 

  • Achieved record second quarter revenue of $14.1 million, up 21% year over year
  • Non-GAAP net income for second quarter up 10% year over year
  • Spontania acquisition closed on April 1, 2014 following acquisition of Sabine in March 2014
  • Results include full quarter operations of Sabine and Spontania acquisitions
  • Began shipping next generation enterprise streaming and media collaboration products and received positive market response

Financial Summary

(Dollars in thousands, except per share values)

Second Quarter

Year to Date

2014

2013

Change

2014

2013

Change

Revenue

$

14,111

$

11,703

21%

$

26,819

$

22,996

17%

Gross Profit

8,064

6,864

17%

15,766

13,863

14%

Non-GAAP Operating Income

1,615

1,786

(10)%

2,994

3,193

(6)%

Non-GAAP Net Income

1,366

1,240

10%

2,197

2,205

Non-GAAP Adjusted EBITDA

1,874

2,038

(8)%

3,490

3,611

(3)%

Non-GAAP Diluted EPS

$

0.14

$

0.13

8%

$

0.23

$

0.23

ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, today reported financial results for the three and six months ended June 30, 2014.

For the 2014 second quarter, revenue increased by 21% to $14.1 million, compared with $11.7 million for the second quarter of 2013. Gross profit for the second quarter was $8.1 million, or 57% of revenue, compared with $6.9 million, or 59% of revenue, for the second quarter of 2013. Non-GAAP operating income for the second quarter decreased by 10% to $1.6 million from $1.8 million for the second quarter of 2013. Non-GAAP net income increased 10% to $1.4 million, or $0.14 per diluted share, from $1.2 million, or $0.13 per diluted share, for the second quarter of 2013. Non-GAAP adjusted EBITDA for the 2014 second quarter decreased 8% to $1.9 million, or $0.19 per diluted share, from $2.0 million
, or $0.22 per diluted share, or the second quarter of 2013.

For the six months ended June 30, 2014, revenue increased 17% to $26.8 million from $23.0 million for the six months ended June 30, 2013. Gross profit increased by 14% to $15.8 million, or 59% of revenue, compared with $13.9 million, or 60% of revenue, for the six months ended June 30, 2013. Non-GAAP operating income for the six months ended June 30, 2014 decreased by 6% to $3.0 million from $3.2 million for the six months ended June 30, 2013. Non-GAAP net income for six months ended June 30, 2014 remained flat at $2.2 million, or $0.23 per diluted share, from $2.2 million, or $0.23 per diluted share, for the six months ended June
30, 2013. Non-GAAP adjusted EBITDA decreased 3% to $3.5 million, or $0.36 per diluted share, from $3.6 million, or $0.38 per diluted share, for the six months ended June 30, 2013.

Cash, cash equivalents and investments totaled $32.3 million at June 30, 2014, down from $42.7 million on December 31, 2013. The decrease is primarily due to the acquisitions of Sabine and Spontania.

ClearOne continued its stock repurchase plan in the second quarter, bringing the total repurchase amount to approximately $4.0 million against an allocation of $10 million.

Gross margins in the quarter were within the lower end of the company’s expected range. Gross margins were impacted by the periodic revision of overhead allocations as well as the ongoing integration of Sabine manufacturing operations, which were acquired in March 2014.

“ClearOne’s impressive record revenue growth in this quarter was made possible due to contributions from our acquisitions and also from our flagship professional audio products. Our results also reflect the full cost of our investments in internal operations and recent acquisitions. We believe the full benefits of these investments – in the form of higher revenue and higher profitability – will be realized in the quarters ahead,” said Zee Hakimoglu, President and Chief Executive Officer. “As anticipated, at the end of the second quarter, we began shipping our new COLLABORATE® Room Pro Media Collaboration product and VIEW® Pro enterprise streaming system and received positive market response to both solutions. We have assembled the right portfolio of complementary and disruptive solutions that are opening new and
attractive markets, differentiate ClearOne in the audio visual communications space and will drive our future revenue growth.”

During Sabine’s first full quarter as part of ClearOne, the company successfully integrated Sabine’s sales channel into the ClearOne global channel. In the second quarter, with the acquisition of Sabine, revenue from ClearOne’s full suite of wireless microphone products more than quadrupled from a year ago and reached $1.3 million.

The company’s acquisition of the Spontania cloud-based video collaboration business closed on April 1, 2014. Spontania offers multiple revenue streams, including annual subscriptions for cloud services, the sale of permanent licenses for on-premise solutions, and annual support and maintenance contracts. During this first quarter after acquiring the Spontania business, ClearOne achieved bookings of $216 thousand of which the company recognized revenue of $151 thousand. Bookings reflect amounts contractually accepted by customers and billed by ClearOne. However, a portion of bookings is not recognized in the current quarter as revenue, in accordance with U.S. GAAP requirements, and will be recognized over the life of the customer
contracts. The company believes that reporting bookings provides valuable information to investors about the recurring revenue stream that the Spontania business is expected to provide. In the second half of the year, the company expects to achieve an additional $750 thousand to $1.0 million in bookings for Spontania-related products and services. ClearOne’s Media Collaboration sales and marketing team, strengthened recently by the addition of industry veterans, focused on introducing Spontania solutions to the company’s global channel.

At the end of the second quarter, ClearOne began shipping its new CONNECT® Dante™ product, which enables no-hassle connectivity of its flagship professional audio products to the fast emerging Dante enabled network ecosystem. Dante is a highly-interoperable, self-configuring, true plug-and-play digital audio networking technology that uses standard IP-based networking and components, such as Ethernet cables, routers and switches, to carry high capacity and high-resolution digital audio over a standard Ethernet network. Some of the largest live events and sophisticated installations worldwide use this technology, making audio signal distribution more cost-effective and user-friendly.

Finally, the company also launched at Infocomm 2014, CONVERGE® Matrix, its new sound reinforcement and distribution system, which opens new market opportunities for the company and complements its existing professional audio conferencing solutions. The company expects to begin shipping the product at the end of 2014.

Non-GAAP Financial Measures

ClearOne provides non-GAAP financial information in the form of non-GAAP net income, Adjusted EBITDA and corresponding earnings per share to investors to supplement GAAP financial information. ClearOne believes that excluding certain items from GAAP results allows ClearOne’s management to better understand ClearOne’s consolidated financial performance from period to period as management does not believe that the excluded items are reflective of underlying operating performance. Non-GAAP net income, Adjusted EBITDA and corresponding earnings per share excludes certain costs and expenses, the details of which are provided below in the tables containing the
reconciliation between GAAP and non-GAAP financial measures. The exclusion of these items in the non-GAAP presentation should not be interpreted as implying that these items are non-recurring, infrequent, or unusual. ClearOne believes non-GAAP financial measures will provide investors with useful information to help them evaluate ClearOne’s operating results and projections. This non-GAAP financial information is not meant to be considered in isolation or as a substitute for operating income, net income or other financial measures prepared in accordance with GAAP. There are limitations to the use of non-GAAP financial measures. Other companies, including companies in ClearOne’s industry, may calculate non-GAAP
financial measures differently than ClearOne does, limiting the usefulness of those measures for comparative purposes. A detailed reconciliation of non-GAAP net income to GAAP net income is included with this release.

About ClearOne

ClearOne is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for voice and visual communications. The performance and simplicity of its advanced comprehensive solutions offer unprecedented levels of functionality, reliability and scalability. More information about the company can be found at www.clearone.com.

This release contains “forward-looking” statements that are based on present circumstances and on ClearOne’s predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements, including acquisitions or investments the company may make to fuel growth, the purchase of common stock under the company’s stock repurchase program and any statements of the plans and objectives of management for future operations, are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements. Such forward-looking statements are made only as of the date of
this release and ClearOne assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements.

Contact:
Investor Relations
801-303-3555
investor_relations@clearone.com

http://investors.clearone.com

CLEARONE, INC.

UNAUDITED CONSOLIDATED BALANCE SHEETS

(Dollars in thousands, except par value)

As of June 30, 2014

As of December 31, 2013

ASSETS

Current assets:

Cash and cash equivalents

$

6,293

$

17,192

Marketable securities

5,401

3,200

Receivables, net of allowance for doubtful accounts of $107 and $129, respectively

10,187

9,378

Inventories, net

11,448

10,758

Distributor channel inventories

1,795

1,520

Deferred income taxes

3,378

3,325

Prepaid expenses and other assets

2,148

2,693

Total current assets

40,650

48,066

Long-term marketable securities

20,575

22,326

Long-term inventories, net

754

551

Property and equipment, net

2,182

1,825

Intangibles, net

9,035

3,710

Goodwill

12,549

3,472

Deferred income taxes

1,303

1,024

Other assets

99

87

Total assets

$

87,147

$

81,061

LIABILITIES AND SHAREHOLDERS’ EQUITY

Current liabilities:

Accounts payable

$

2,580

$

2,730

Accrued liabilities

2,567

1,761

Deferred product revenue

5,244

4,158

Total current liabilities

10,391

8,649

Deferred rent

282

286

Other long-term liabilities

2,544

1,791

Total liabilities

13,217

10,726

Shareholders’ equity:

Common stock, par value $0.001, 50,000,000 shares authorized, 9,235,494 and 8,986,080 shares issued and outstanding

9

9

Additional paid-in capital

44,513

41,311

Accumulated other comprehensive income

161

23

Retained earnings

29,247

28,992

Total shareholders’ equity

73,930

70,335

Total liabilities and shareholders’ equity

$

87,147

$

81,061

CLEARONE, INC.

UNAUDITED CONSOLIDATED STATEMENT OF OPERATIONS

(Dollars in thousands, except per share values)

Quarter ended June 30,

Six months ended June 30,

2014

2013

2014

2013

Revenue

$

14,111

$

11,703

$

26,819

$

22,996

Cost of goods sold

6,047

4,839

11,053

9,133

Gross profit

8,064

6,864

15,766

13,863

Operating expenses:

Sales and marketing

2,977

2,088

5,713

4,356

Research and product development

2,330

1,843

4,571

3,709

General and administrative

1,628

1,437

3,592

3,234

Total operating expenses

6,935

5,368

13,876

11,299

Operating income

1,129

1,496

1,890

2,564

Other income, net

64

47

145

33

Income before income taxes

1,193

1,543

2,035

2,597

Provision for income taxes

259

498

611

822

Net income

$

934

$

1,045

$

1,424

$

1,775

Basic earnings per common share

$

0.10

$

0.11

$

0.16

$

0.19

Diluted earnings per common share

$

0.10

$

0.11

$

0.15

$

0.19

Basic weighted average shares outstanding

9,266,071

9,093,461

9,174,816

9,122,996

Diluted weighted average shares outstanding

9,677,726

9,459,495

9,618,172

9,499,452

Comprehensive income:

Net income

$

934

$

1,045

$

1,424

$

1,775

Unrealized gain (loss) on available-for-sale securities, net of tax

65

(87)

138

(87)

Comprehensive income

$

999

$

958

$

1,562

$

1,688

CLEARONE, INC.

UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP NET INCOME

(Dollars in thousands, except per share values)

Quarter ended June 30,

Six months ended June 30,

2014

2013

2014

2013

Revenue

$

14,111

$

11,703

$

26,819

$

22,996

Cost of goods sold

6,045

4,837

11,049

9,129

Gross profit

8,066

6,866

15,770

13,867

Operating expenses:

Sales and marketing

2,957

2,069

5,673

4,322

Research and product development

2,320

1,830

4,550

3,685

General and administrative

1,174

1,181

2,553

2,667

Total operating expenses

6,451

5,080

12,776

10,674

Operating income

1,615

1,786

2,994

3,193

Other income (expense), net

64

47

145

33

Income before income taxes

1,679

1,833

3,139

3,226

Provision for income taxes

313

593

942

1,021

Non-GAAP Net income

$

1,366

$

1,240

$

2,197

$

2,205

Basic earnings per common share

$

0.15

$

0.14

$

0.24

$

0.24

Diluted earnings per common share

$

0.14

$

0.13

$

0.23

$

0.23

Basic weighted average shares outstanding

9,266,071

9,093,461

9,174,816

9,122,996

Diluted weighted average shares outstanding

9,677,726

9,459,495

9,618,172

9,499,452

GAAP Net Income

$

934

$

1,045

$

1,424

$

1,775

Adjustments:

Share-based compensation

84

67

168

126

Amortization of purchased intangibles

269

118

433

261

Legal expenses for litigation relating to indemnification of former officers, theft of our intellectual property claims and our claim for damages

31

95

60

184

Acquisition related expenses

102

10

443

58

Total of adjustments before taxes

486

290

1,104

629

Income taxes affected by the above adjustments

54

95

331

199

Total adjustments

432

195

773

430

Non-GAAP Net Income

$

1,366

$

1,240

$

2,197

$

2,205

CLEARONE, INC.

UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP ADJUSTED EBITDA

(Dollars in thousands, except per share values)

Quarter ended June 30,

Six months ended June 30,

2014

2013

2014

2013

GAAP net income

$

934

$

1,045

$

1,424

$

1,775

Adjustments:

Provision for income taxes

259

498

611

822

Depreciation and amortization

464

323

784

646

Non-GAAP EBITDA

1,657

1,866

2,819

3,243

Share-based compensation

84

67

168

126

Legal expenses for litigation relating to indemnification of former officers, theft of our intellectual property claims and our claim for damages

31

95

60

184

Acquisition related expenses

102

10

443

58

Non-GAAP Adjusted EBITDA

$

1,874

$

2,038

$

3,490

$

3,611

Basic weighted average shares outstanding

9,266,071

9,093,461

9,174,816

9,122,996

Diluted weighted average shares outstanding

9,677,726

9,459,495

9,618,172

9,499,452

Basic Non-GAAP Adjusted EBITDA per common share

$

0.20

$

0.22

$

0.38

$

0.40

Diluted Non-GAAP Adjusted EBITDA per common share

$

0.19

$

0.22

$

0.36

$

0.38

SOURCE ClearOne

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ClearOne Chosen By Ideal TeleHealth To Provide Video And Web Collaboration For Integration Into Its eHealth Services

 

ClearOne Chosen By Ideal TeleHealth To Provide Video And Web Collaboration For Integration Into Its eHealth Services

ClearOne’s Spontania Media Collaboration Service Platform selected for its innovative features and ease of integration by Ideal TeleHealth, a telemedicine and remote wellness multi-solutions provider

 

SALT LAKE CITY, Aug. 11, 2014 /PRNewswire/ — ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, announced Ideal TeleHealth, a telemedicine and remote wellness multi-solutions provider, has selected ClearOne’s Spontania Media Collaboration Service Platform for its services. Ideal TeleHealth will integrate the Media Collaboration Service Platform directly into several of their eHealth workflow services currently under development to provide telehealth consultation, care coordination, biometric telemetry, and more.

 

ClearOne’s Media Collaboration Service Platform was uniquely architected from the ground up with third-party application integration in mind. The award winning Spontania video and web collaboration engine, central to the Service Platform, can be easily incorporated into third-party workflow applications with its robust application programmer interfaces (APIs). Industries such as healthcare, education, enterprise, finance, public sector, and others can take advantage of the Service Platform by integrating voice, video and web collaboration into their new or existing workflow processes.

 

Further differentiating the Media Collaboration Service Platform, users are empowered to take advantage of ClearOne’s VMWare based Spontania, available either as a Software-as-a-Service (SaaS) or installed directly in their own premise or data center making it one-of-a-kind in the market. Deployment flexibility includes subscription based licensing or license purchase options to suit business scalability and security needs.

 

“After evaluating several options available, it became clear that the Spontania solution’s extensible service-oriented architecture and their APIs would allow us to go beyond where we even thought we could take this solution,” said Abraham Bornstein, MD, FACC, and CEO of Ideal TeleHealth. “Partnering with ClearOne not only provides us a comprehensive collaboration feature set but also the level of relevant integration experience required to support our team.”

 

“In today’s collaboration environment, it’s all about workflow integration and the need for the user to have all of their tools available within the environment they are comfortable with,” said David Moss ClearOne’s Vice President of Sales, of Media Collaboration for North & Latin America. “Whether it’s a doctor consulting a patient, a lawyer speaking to a client, or a financial advisor working a trade with an investor, these connections are best accomplished from within their familiar workflow applications. ClearOne’s Media Collaboration Service Platform enables businesses to easily, affordably and seamlessly add Spontania’s advanced media capability such as audio, video, and web collaborations tools directly to their applications offering greater value to their customers.”

 

About ClearOne

ClearOne is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for voice and visual communications. The performance and simplicity of its advanced comprehensive solutions offer unprecedented levels of functionality, reliability and scalability. More information about the company can be found at www.clearone.com.

 

About Ideal TeleHealth

Ideal TeleHealth, LLC is a telemedicine and remote wellness multi-solutions provider, enhancing the quality and accuracy of healthcare worldwide The Ideal team has been involved with the development and packaging of telemedicine systems for ten years. By finding the right partners and working closely with them, we have designed multifaceted and interoperable systems enabling effective, evidence-based health maintenance and disease management solutions through technologically advanced bio-metric telemetry, safe video connectivity and individualized education. More information about the company can be found at, www.idealtelehealth.com.

 

This release contains “forward-looking” statements that are based on present circumstances and on ClearOne’s predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements, including acquisitions or investments the company may make to fuel growth, the purchase of common stock under the company’s stock repurchase program and any statements of the plans and objectives of management for future operations, are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements. Such forward-looking statements are made only as of the date of this release and ClearOne assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements.

 

http://investors.clearone.com

 

Contact:

 

Jimmie Owsley
Marketing Manager
1-801-975-7200
jimmie.owsley@clearone.com

 

SOURCE ClearOne

 

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ClearOne To Report 2014 Second-Quarter Financial Results And Host Conference Call On Tuesday, August 12, 2014

 

 

ClearOne To Report 2014 Second-Quarter Financial Results And Host Conference Call On Tuesday, August 12, 2014

 

SALT LAKE CITY, Aug. 6, 2014 /PRNewswire/ — ClearOne (NASDAQ: CLRO) today announced it will release its financial results for the second quarter ended June 30, 2014 before market open on Tuesday, August 12, 2014. The company also said that senior management will host an investor conference call the same day at 11:30 a.m. Eastern Time to review the company’s financial results.

 

The conference call will be available to interested parties by dialing 877-369-6586 (domestic) or 253-237-1165 (international). The call will also be available through a live, listen-only audio Internet broadcast at www.clearone.com. For those who are not available to listen to the live broadcast, the call will be archived on the same web site for at least three months.

 

About ClearOne


ClearOne is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for voice and visual communications.  The performance and simplicity of its advanced comprehensive solutions offer unprecedented levels of functionality, reliability and scalability.  More information about the company can be found at www.clearone.com.

 

© Copyright 2014, ClearOne, Inc.  All rights reserved. ClearOne®, the ClearOne logo, and the names and marks associated with ClearOne’s products are trademarks and/or service marks of ClearOne, Inc. and are registered and/or common-law marks in the United States and various other countries.  All other trademarks are property of their respective owners.

http://investors.clearone.com

Contact:
Investor Relations
801-303-3555
investor_relations@clearone.com

SOURCE ClearOne

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TMCnet Recognizes ClearOne with the 2014 Communications Solutions Product of the Year Award

 

TMCnet Recognizes ClearOne with the 2014 Communications Solutions Product of the Year Award

 

With a Broad Line of Solutions for Media Collaboration, Professional Audio, Unified Communications, and Multimedia Streaming and Signage – ClearOne Continues to Lead the Pro AV Industry with Proven Performance and Innovation

 

SALT LAKE CITY, July 31, 2014 /PRNewswire/ — ClearOne (NASDAQ: CLRO) has been named by TMCnet™ as the recipient of the 2014 Communications Product of the Year Award for its revolutionary Beamforming Microphone Array. One of TMC’s most coveted awards, the Communications Solutions Product of the Year Award honors exceptional products and services that facilitate voice, data, and video communications that were recently brought to market.

 

ClearOne’s Beamforming Microphone Array is the world’s first professional-grade directional microphone array with beamforming and adaptive steering technology, and ClearOne’s next-generation Acoustic Echo Cancellation. The ultra-sleek design fits into any conferencing environment and adaptively delivers the ultimate in voice pickup precision and quality. Twenty-four microphone elements steer acoustic pickup patterns towards participants, rejecting unwanted noise and reflections, and offering superb, unmatched voice audio performance. The array seamlessly interfaces with ClearOne CONVERGE® Pro products, and supports Power-over-Ethernet operation.

 

Recently, as another first from ClearOne, the Beamforming Microphone Array was updated to operate with ClearOne’s COLLABORATE® Room Pro all-in-one, high-definition, 1080p60 video appliance, to deliver the best audio available from any self-contained media collaboration solution. This integrated solution, available with a nine-party MCU, includes many tools that would usually be purchased separately, such as streaming, recording, content creation, presentation, and in a future free software upgrade – wireless projection and interactive white boarding.

 

More details on the Beamforming Microphone Array are located at http://www.clearone.com/products_beamforming_mic_array

 

“We are honored to have our unique, high performance Beamforming Microphone Array cited as the Communications Solutions Product of the Year by TMCnet,” said Zee Hakimoglu, Chairman and CEO of ClearOne. “In the world of professional AV conferencing – our Beamforming Microphone Array with its associated mixers, digital signal processors, and echo-canceling functions represent the newest, most advanced technological innovations, breaking new ground for enterprise conferencing sound fidelity, clarity, and intelligibility.”

 

ClearOne continues to innovate and maintain its leadership position in the conferencing market, offering a comprehensive line of personal and group conferencing systems for all possible use cases. ClearOne products are more competitively priced than other solutions, while delivering the rich functionality, superior audio quality, high performance, and flexibility required to meet a wide variety of customer needs.

 

“We offer our congratulations to ClearOne for receiving the 2014 Communications Solutions Product of the Year Award,” said Rich Tehrani , CEO of TMCnet. “ClearOne has demonstrated true innovation and is among the best solutions that facilitate professional collaboration and enterprise communications for some of the world’s leading organizations. TMC looks forward to a continuous stream of product design excellence from ClearOnethroughout 2014 and beyond.”

 

About ClearOne


ClearOne is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for voice and visual communications. The performance and simplicity of its advanced, comprehensive solutions offer unprecedented levels of functionality, reliability and scalability. More information about the company can be found at www.clearone.com.

 

About TMCnet™


Technology Marketing Corporation (TMC), based in Norwalk, CT and founded in 1972, is the world’s leading business to business and integrated marketing media company, servicing niche markets within the communications and technology industries.

 

Reaching in excess of 3.5 million readers worldwide each month, TMC creates highly targeted, content-driven communities, serving as the world’s primary educational and news resource in the communications and technology fields – including VoIP, IP communications, telecom, contact centers, and CRM.

 

TMC’s print, online, and in-person media properties serve these rapidly-growing and dynamic technology and communications industries, providing actionable, mission-critical information which influential decision-makers demand when selecting products and services. http://www.tmcnet.com/

 

http://investors.clearone.com

TMCnet is a trademark of Technology Marketing Corporation.

Contact:
Jimmie Owsley
ClearOne Marketing
1-801-975-7200
jimmie.owsley@clearone.com

SOURCE ClearOne

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We’re Getting Ready for InfoComm 2014

We’re Changing the Game at InfoComm 2014, and before we unveil what we have planned, we have to get our booth ready! Visit Booth #N1827 starting Wednesday and see what the excitement is all about!

    

See you Wednesday in Vegas!

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All-New 512×512 Channel CONVERGE® Matrix Sound Reinforcement and Distribution System Unveilied by ClearOne at InfoComm 2014


 

Contact

Brent Johnson
Sr. Corporate Marketing Manager
801-303-3577
brent.johnson@clearone.com
 

ClearOne’s unique, industry-leading suite of professional audio and Dante™-enabled networking products is being showcased at InfoComm Booth #N1827, June 18 through 20, 2014

 

SALT LAKE CITY, UTAH — June 16, 2014

 
Maintaining its leadership position in the installed audio conferencing market, ClearOne (NASDAQ: CLRO), has launched the CONVERGE® Matrix Sound Reinforcement Distribution and Processing System enabled with Dante™ networking. Available in Q4, 2014, this new system leverages the utility of existing Ethernet networks for the routing and distribution of networked audio, supporting up to 512×512 uncompressed channels for audio matrix mixing. This solution will be unveiled at the InfoComm 2014 Conference in Las Vegas, where ClearOne is exhibiting in Booth #N1827.
 
“Enterprises and organizations that need scalable and flexible audio capabilities with crystal-clear voice and sound, can specify and pre-order the CONVERGE Matrix through leading Audio Consultants and Integrators who specialize in DSP and audio processing systems,” explained Durai Ramachandiran, ClearOne’s Senior Director of Product Line Management for Pro Voice and AV Distribution. “Two versions of the product will initially be available – one with 256×256 uncompressed channels, expandable with an additional 256×256 slot-in card, and another with embedded 512×512 support. Both versions include two Ethernet ports to connect into Dante networks – one primary port to connect with the main network, and a secondary port to connect with network backup for redundancy and enhanced reliability.”
 
ClearOne’s CONVERGE Matrix works with CONVERGE Pro and SR units connected into a network through CONNECT Dante, without requiring any hardware changes in the CONVERGE units, to enable a flexible and cost-effective modular approach. The unit is easy to manage, provides complete system redundancy, and leverages a hybrid systems approach with room endpoints, shared DSP processing, and centralized DSP matrix routing with distributed resources. This unique solution from ClearOne increases the scalability and reliability of networked voice and sound applications without any distance limitations, and is suitable for small, medium, and large scale projects.
 
Common uses for CONVERGE Matrix include sound reinforcement and distribution at airports, transportation hubs, universities, stadiums, casinos, entertainment venues, amusement parks, houses of worship, shopping malls, convention and expo centers, auditoriums, corporate buildings, healthcare facilities, hotels, and aboard cruise ships.
 

About ClearOne

 
ClearOne is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for voice and visual communications. The performance and simplicity of its advanced comprehensive solutions offer unprecedented levels of functionality, reliability and scalability. More information about the company can be found at www.clearone.com.
 

About Audinate

 
Audinate’s patented Dante media networking technology has been adopted by the leading manufacturers in the professional audio/visual industry. Dante is used extensively for live performance events, commercial installation, broadcast, recording and production, and communications systems. Audinate offices are located in US, United Kingdom and Australia. Visit www.audinate.com for more details.
 
Dante and Audinate are trademarks or registered trademarks of Audinate Pty Ltd. CONVERGE and ClearOne are registered trademarks of ClearOne, Inc.
 

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Please find the printable release in our Investor Relations area at http://investors.clearone.com.
 
 

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