BNET Industries

ClearOne Communications Inc.

(CLRO) is in the Technology Industry

Market Cap:$24.1M
Last Fiscal Year Sales:$39.7M
  • Public
  • US
Dow Jones Description

We are an audio conferencing products company. We develop, manufacture, market, and service a comprehensive line of high-quality audio conferencing products, which range from personal conferencing products to tabletop conferencing phones to professionally installed audio systems. We also manufacture and sell conferencing furniture. We have a strong history of product innovation and plan to continue to apply our expertise in audio engineering to develop and introduce innovative new products and enhance our existing products. We believe the performance and reliability of our high-quality audio products create a natural communications environment which saves organizations of all sizes time and money by enabling more effective and efficient communication.

Chairman of The Board, Chief Executive Officer and President
Zee Hakimoglu
Number of Employees 100
Contact Information

5225 Wiley Post Way Ste 500

Salt Lake City, Utah 84116

clearone.com

(801) 975-7200

NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220

Recent Events

  • ClearOne Acquires NetStreams

    11/04/09 - Merger / Acquisition - View Story

  • ClearOne Acquires NetStreams

    11/03/09 - Financial Announcement - View Story

  • ClearOne Introduces New VoIP Interface for Professional Audio Conferencing Systems - Reuters

    10/22/09 - Product Announcement - View Story

  • ClearOne Reports Fiscal 2009 Fourth Quarter and Full-Year Financial Results

    10/15/09 - Financial Announcement - View Story

  • ClearOne Introduces New ClearOne/Sony HD Video and Audio Conferencing Solution

    6/24/09 - Product Announcement - View Story

News & Analysis

clearone communications inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Craig E. Peeples Interim CFO
Greg A. Leclaire Chief Financial Officer
Tracy A. Bathurst Chief Technology Officer
Joseph P. Sorrentino Executive Vice President of Worldwide Sales
Paul Sorrentino Joseph Executive Vice President of Sales
Andrew S. Fellows Vice President, Services
Delonie N. Call Vice President, HR & Secretary
Joe Stockton Vice President, Business Development
Mark Allen Fletcher Vice President of Worldwide Sales
Marthes Solamuthu Vice President of Operations
Steven P. Andresen Vice President of Worldwide Sales
Werner H. Pekarek Vice President, Operations
Charles W. Sigars Info Sys Director
Joshua Ihrig Senior Director of Information Technology

Board of Directors

Name (plus bio) Position
Zee Hakimoglu Chairman of The Board, Chief Executive Officer and President
Zeynep Hakimoglu Chairman, Chief Executive Officer, and President
Brad R. Baldwin Board of Directors
Harry Spielberg Board of Directors
Larry R. Hendricks Board of Directors
Scott M. Huntsman Board of Directors

Organization Position Status
ClearOne Communications, Inc. Chairman of The Board, Chief Executive Officer and President Current
Oplink Communications, Inc. vice president Former
United States Army Former
Drexel University master's degree in physics Former

Organization Position Status
ClearOne Communications, Inc. Chairman, Chief Executive Officer, and President Current

Organization Position Status
ClearOne Communications, Inc. Interim CFO Current
TenFold Corporation Vice President Former
TenFold Corporation Corporate Controller Former

Organization Position Status
ClearOne Communications, Inc. Chief Financial Officer Current
Utah Medical Products, Inc. Chief Financial Officer Former
Utah Medical Products, Inc. Vice President Former
ClearOne Communications, Inc. Vice President of Finance and Principal Former
Zions Bancorporation Accountant Former
ClearOne Communications, Inc. Principal Former
ClearOne Communications, Inc. Board of Directors Former
Stanford University Master of Science Degree In Management Former
University of Utah Bachelor of Science Degree In Accounting Former

Tracy Bathurst joined us in September 1988 and held several positions with us until he was named Chief Technology Officer in August 2007. He was most recently ClearOne's Vice President of Product Line Management and has over 20 years experience in defining and developing communications-related products and technology. Mr. Bathurst has led the design and development of ClearOne's high performance audio and telecommunications equipment. He earned a Bachelor of Science degree in industrial technology from Southern Utah University.

Organization Position Status
ClearOne Communications, Inc. Chief Technology Officer Current
ClearOne Communications, Inc. Vice President of Product Line Management Former
Southern Utah University Bachelor of Science Degree In Industrial Technology Former

Joe Sorrentino returned to ClearOne in April 2009 as Executive Vice President of Worldwide Sales. Mr. Sorrentino served as Senior Vice President at Spire Global, Sony Video Conferencing's U.S. Sales and Marketing arm. Sorrentino was instrumental in building and managing their U. S. sales team. He was also responsible for developing and executing Spire's channel sales strategy and driving their market channel partner programs, as well as strategic partnerships. Before joining Spire Global, he held the position of Vice President of Worldwide Sales and Marketing for ClearOne where he was responsible for all sales and marketing operations worldwide. Sorrentino built a world class sales team and developed the sales and marketing strategies that drove consistent quarterly growth year-over-year. He was the driving force behind the sales and marketing strategy of ClearOne's MAXAttach product that took ClearOne's new tabletop conferencing business to the second largest tabletop conferencing business worldwide in less than two years. Prior to his tenure at ClearOne, Sorrentino served as Vice President of Sales for Polycom's voice communications division where he was responsible for building Polycom's voice sales team, launching new products in the IP and installed conferencing space, as well as growing their market share leading tabletop conferencing business. Sorrentino's career spans more than 25 years of sales management experience working with such notable companies as IBM, Motorola, Conner/Seagate, Adaptec and 3ware. Mr. Sorrentino earned a Bachelor of Science degree from San Jose State University.

Organization Position Status
ClearOne Communications, Inc. Executive Vice President of Worldwide Sales Current
Polycom, Inc. Vice President, Sales Current
3ware Inc. Vice President, Worldwide Sales Current
Spire Global Vice President Current
Spire Global Senior Vice President Former
ClearOne Communications, Inc. Vice President, Sales, Marketing Former
San Jose State University bachelor's degree Former

Organization Position Status
ClearOne Communications, Inc. Executive Vice President of Sales Current

Organization Position Status
ClearOne Communications, Inc. Vice President, Services Current

Organization Position Status
ClearOne Communications, Inc. Vice President, HR & Secretary Current

Organization Position Status
ClearOne Communications, Inc. Vice President, Business Development Current

Organization Position Status
ClearOne Communications, Inc. Vice President of Worldwide Sales Current
The University of North Carolina Bachelor of Arts Degree Former

Organization Position Status
ClearOne Communications, Inc. Vice President of Operations Current

Organization Position Status
ClearOne Communications, Inc. Vice President of Worldwide Sales Current

Organization Position Status
ClearOne Communications, Inc. Vice President, Operations Current

Organization Position Status
ClearOne Communications, Inc. Info Sys Director Current

Organization Position Status
ClearOne Communications, Inc. Senior Director of Information Technology Current
Envirocare of Utah Inc. Info Sys Manager Former

Organization Position Status
ClearOne Communications, Inc. Board of Directors Current

Organization Position Status
ClearOne Communications, Inc. Board of Directors Current

Organization Position Status
ClearOne Communications, Inc. Board of Directors Current

Organization Position Status
ClearOne Communications, Inc. Board of Directors Current
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     CLRO $2.68 -0.02 (-0.74% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 5,501
Shares Outstanding 8.93M
Market Cap 23.9M
Year High 4.06
Year Low 2.26
Earnings Per Share 0.10
P/E Ratio 26.80
Dividend N/A
Yield N/A
IndustryTop Rated

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