InfoComm 2013: ClearOne Adds New Converge USB Bridge Module

 

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After several days of hard work, all the boxes had been unpacked, the products were on display, monitors were showing videos of our product line, and visitors to our both had a live video conference feed with our office back in Salt Lake City, Utah! Watch the video below to learn more about our perfect HD-1080p60 system.
 

 
InfoComm 2013 continues through Friday, June 14th at 4:00 p.m. EST, so there is still time to visit booth 2059 and experience the must sees of InfoComm like the Beamforming Microphone Array that is revolutionizing professional audio world with beamforming and adaptive steering technology and ClearOne’s next-generation Acoustic Echo Cancellation. Now with ceiling, wall and desk mount options, you have to see it, AND hear it, to believe it. You can chat live with our Salt Lake City office with our state of the art, perfect HD – 1080p60 videoconferencing software. Listen to the quality of our new wireless microphone system which is optimized to work with CONVERGE® Pro and INTERACT® Pro products and perfectly complements ClearOne’s professionally installed audio conferencing product lines. Questions about streaming and signage? Our talented team is waiting to give you the solutions you have been looking for.
 

 
Come see us at Booth 2059 – Here’s an interactive map to find us easier.
 
 

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• Multiple RF bands (902 to 928 MHz, 710 to 740 MHz, 603 to 630 MHz) for any application

• ClearOne’s 24-bit digital signal processing provides unmatched, crystal-clear audio

• 256-bit encryption (conforming to US Govt. AES specifications) for robust security
  
• Daisy-chain up to a 32-channel system to support large venues

• Rechargeable and field-replaceable standard AA batteries for flexible power options

• Docking station for convenient recharging and storage

• Extension antenna kits to add wider wireless coverage

Stop by the ClearOne booth #2059 and find out why Pro Microphones have never sounded better!

 
Download your free InfoComm pass with the VIP code: CLE771
 
Check out the interactive floor map of InfoComm here
 
Questions:sales@clearone.com
 
 

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• Beamforming & adaptive steering technology
• Next-generation Acoustic Echo Cancellation
• Replaces up to 10 traditional microphones, with twice the pick-up range
• Works with CONVERGE® Pro products – daisy-chain up to three arrays per unit
• Adaptive acoustic processing automatically adjusts to room configuration for best possible audio pickup
• Mono and stereo modes for diverse applications

InfoComm Booth #2059
 
Web: www.clearone.com
 
Tel: 800-945-7730
 
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SALT LAKE CITY, UTAH — June 3, 2013

 
Visitors at InfoComm 2013, June 12-14, in Orlando, can expect to see the latest innovations from ClearOne (NASDAQ: CLRO) in professional audio and video, including: new professional microphones and networked audio solutions, powerful standalone soft-codec-based video conferencing, and enhanced IP streaming and signage technologies. It all comes together as ClearOne establishes its mark as a one-stop manufacturer for audio visual communications.
 
“The Beamforming Microphone Array is truly a game-changer for Pro Audio. We continue to lead the industry with innovative products. We are consolidating our market-leading audio and video technology into fully-integrated solutions for effortless and affordable collaboration to give ClearOne partners distinct competitive advantages,” said Zee Hakimoglu, Chief Executive Officer and Chairman of ClearOne. “No one in the AV industry can provide the breadth of ClearOne’s AV product offering under a single brand.”
 
• COLLABORATE® software-based video conferencing solutions provide the capabilities of an embedded MCU with up to 9 participants, built-in streaming and recording, and multicasting without the need for a server. Solutions with up to full 1080p60 resolution are now bolstered by newly introduced audio bundles ranging from the most portable desktop audio to fully installed professional systems.
 
• The Beamforming Microphone Array, the only product of its kind in the Pro Audio industry, now supports tabletop and wall applications. A “must-see” at InfoComm, you won’t find anything like it on the show floor. It’s the first professional-grade 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 available on the market today.
 
• ClearOne’s new Wireless Microphone System provides the freedom and clean installation of a wireless solution with the flexibility to expand up to 32 channels and the security of full 256-bit encryption. Four additional professional microphone options optimized for CONVERGE® Pro and INTERACT® Pro solutions join the ClearOne lineup: tabletop, gooseneck, handheld, and belt-pack lavalier and single-ear headset.
 
• The new CONVERGE® USB network device provides plug-and-play USB connectivity between popular desktop and laptop UC applications and CONVERGE Pro for full, rich, professional sound — without any firmware or software upgrades. This versatile new audio conferencing peripheral will be shipping in Q3 2013.
 
ClearOne plans a tour for members of the press to cover these new solutions in-depth, at booth #2059 on Wednesday, June 12 at 11:30 AM EST.
 

About ClearOne

 
ClearOne is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for audio 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 2013, 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.
 
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http://investors.clearone.com

 
Please find the printable release with included financial tables in our Investor Relations area at the link shown above.
 

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• Beamforming & adaptive steering technology
• Next-generation Acoustic Echo Cancellation
• 24 microphone elements
• Mono and stereo modes for diverse applications
• Flexible mounting for ceiling
• Works with CONVERGE® Pro products: 880, 840T, 880T, 880TA
• Expandable for larger room applications by daisy-chaining up to three arrays per CONVERGE Pro unit
• Adaptive acoustic processing automatically adjusts to room configuration for best possible audio pickup
• Replaces up to 10 traditional microphones, with twice the pick-up range

Stop by the ClearOne booth #2059 and find out why Pro Audio will never sound the same.

 
We have new tabletop and wall mode configurations for this must-see microphone – you won’t find anything like it on the InfoComm show floor!
 
Download your free InfoComm pass with the VIP code: CLE771
 
Questions:sales@clearone.com
 

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SALT LAKE CITY, UTAH — May 23, 2013

 
ClearOne (NASDAQ: CLRO) takes another leap ahead with the Pro Audio industry’s most powerful innovation, the Beamforming Microphone Array, now supporting tabletop and wall applications. The best just got better, and continues to disrupt the Pro AV industry.
 
“While others are trying to catch up, we are well ahead, creating new solutions for our value-added distributors, integrators and resellers to offer more options in servicing their customers,” said Zee Hakimoglu, Chief Executive Officer and Chairman of ClearOne. “The Beamforming Microphone Array is truly a game-changer for the Pro AV industry – as the only professional microphone array of its kind. It now has the flexibility to be used in wall mode for video conferencing, tabletop mode for conference rooms, and ceiling mount for applications as critical as operating rooms.”
 
The Beamforming Microphone Array is the Pro AV industry’s first professional-grade 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 available on the market today. Twenty-four microphone elements steer pickup patterns towards participants, rejecting unwanted noise and reflections, offering superb and unmatched performance. The array seamlessly interfaces with ClearOne CONVERGE® Pro products, and conveniently supports Power-over-Ethernet.
 
With simple firmware and software upgrades, scheduled for release in June, users can expand the array’s capabilities from ceiling mode to include tabletop and wall modes. Separate ceiling and wall-mount kits provide further flexibility for optimum installation.
 

About ClearOne

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

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It’s neither a bird nor a plane, but a ceiling mic array.

“Physically, it’s a nice looking piece of hardware. It’s thirty inches long, five and three-quarters wide, by only one inch deep. On the bottom (if ceiling-mounted) are cutouts for the individual mic elements and two LED/touch buttons, one of which has the Clear One ‘C’ log discretely wrapped around it. It connects to a Clear One Converge DSP (and only a Clear One Converge – more on this later) and power-injector through two Cat5-type cables which can be neatly managed through the hollow rectangular support pole. It also comes with a tile-bridge to easily mount to a standard two-foot drop-ceiling. It’s certainly a nice physical package.”
 
Leonard has had some bad luck with ceiling microphones in the past, saying “There are, of course, better solutions, but the end result always seems the same; the ceiling is not the optimal place to locate microphones. They’re far from the talker. They’re close to all kinds of ceiling noise. The best results one could hope for are “barely adequate”. So it was with hope but some degree of skepticism that I took part in a test of Clear One’s new digital beam-forming ceiling mic array.”
 
But once the Beamforming Microphone Array was installed, he found that his initial skepticism about the ClearOne Beamforming Microphone Array was unwarranted and said “…it performed splendidly. Intelligent tracking software built into the mic follows the sound of voices, giving a clear and even signal as one of us walked in a circle around the room. Audio was clear from all four corners of the room. Clear One’s noise cancellation dealt nicely with the projector noise, although at the expense of slight artifacts perceived by those of us with the most sensitive ears for such things.”
 
Read the entire review here: “Did You Hear What’s Up? A Morning with a Ceiling Mic”
 
Thank you for the review Leonard, and we are glad you enjoyed our groundbreaking new technology! If you would like to see your review of ClearOne products on our blog, email us at marketing@clearone.com and we may repost!
 

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Hear the difference with true full-duplex audio. This quick interactive piece makes it easy to see the need for echo cancellation, full-duplex audio and professional audio processing – even if the solution is as small and portable as a deck of cards!  Click here to learn more!

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SALT LAKE CITY, UTAH — May 2, 2013

 
For the 2013 first quarter, revenue for the first time in the first quarter surpassed $11 million, totaling $11.3 million compared with $10.2 million for the first quarter of 2012, an increase of 11%. Gross profit was $7.0 million, or 62% of revenue, compared with $6.1 million, or 60% of revenue, for the first quarter of 2012. Non-GAAP operating income increased by 48% to $1.4 million compared with $953 thousand during the first quarter of 2012. Non-GAAP net income grew 54% to $966 thousand, or $0.10 per diluted share, from $626 thousand, or $0.07 per diluted share. Non-GAAP Adjusted EBITDA increased 34% to $1.6 million, or $0.17 per diluted share compared with $1.2 million, or $0.13 per diluted share in the first quarter of 2012.
 
The reconciliation between GAAP and Non-GAAP measures is available in the tables linked to this release.
 
“We are pleased that the results, which include record revenues for the seasonally slower first quarter, reflect meaningful contributions from our recent strategic acquisitions of video technology. Newly introduced professional audio products also significantly contributed to this record revenue,” said Zee Hakimoglu, President, Chief Executive Officer and Chairman of ClearOne. “Share of video products in our revenue mix has grown significantly, reflecting its increasing importance to our future growth. We continue to evaluate various measures to increase shareholder value, including internal investments in technology, operations, sales and marketing, modest strategic acquisitions, and other alternatives to benefit the company and all shareholders.”
 
The first quarter results do not consider the expected receipt of approximately $500,000 in attorneys’ fees previously paid to indemnify the company’s former CFO, as the Utah Supreme Court’s favorable ruling was received in April 2013, after the conclusion of the company’s first quarter.
 

Recent Highlights

 
• February 2013. The company introduced its new line of software-based video conferencing solutions to its established Professional AV channel distributors, which is expected to generate additional revenue in the remainder of 2013.
 
• February 2013. The company announced the promotion of David Traeger to Vice President, Professional Audio Visual Sales throughout North America and Latin America. Traeger will be responsible for developing and growing sales of ClearOne’s full line of products, including the COLLABORATE® suite of software-based video conferencing solutions, in the Professional AV channel.
 
• March 2013. The company announced the shipment of its Beamforming Microphone Array to complement its professionally installed audio conferencing product lines. The Beamforming Microphone Array is the industry’s first professional-grade microphone array with patent-pending audio beamforming with adaptive steering and next generation AEC technology. This unique product differentiates ClearOne in the market and is expected to drive higher adoption of ClearOne’s CONVERGE® line of professional audio products.
 
• March 2013. The company announced the shipment of its new WS800 Digital Wireless Microphone System to complement its professionally installed audio conferencing product lines. The microphone system uses radio-frequency digital wireless signal transmission technology with highly secure encryption and is optimized to work with CONVERGE® Pro and INTERACT® Pro products. The introduction of this wireless microphone system provides partners with a more complete ClearOne branded solution set and further extends ClearOne’s reach in the large Pro AV microphone market.
 

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 in the tables below 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 news release.
 

About ClearOne

 
ClearOne is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for audio and visual communications. The performance and simplicity of its advanced comprehensive solutions enhance the quality of life. ClearOne products 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.
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http://investors.clearone.com

 
Please find the printable release with included financial tables in our Investor Relations area at the link shown above.
 

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