United Kingdom

Profile: Clearone Inc (CLRO.OQ)

CLRO.OQ on NASDAQ Stock Exchange Capital Market

24 Apr 2019
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ClearOne, Inc. (ClearOne), incorporated in July 8, 1983, is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for audio/voice and visual communications. The Company designs, develops, markets and services a line of conferencing products for personal use, as well as traditional tabletop, mid-tier professional products for large, medium and small businesses. The Company's end users range from companies and institutions to small and medium-sized businesses, higher education and government organizations, as well as individual consumers. The Company sells its commercial products to end users primarily through a network of independent distributors, who in turn sells its products to dealers, systems integrators and other resellers. Its products are categorized into the Professional audio communication products; Unified communications audio end points, and Visual communication products.

Professional audio communication products

The Company's range of professional audio communication products includes professional conferencing and sound-reinforcement products used in enterprise, healthcare, education and distance learning, government, legal and finance organizations; mid-tier conferencing products for smaller rooms and small and medium businesses, which interface with video and Web conferencing systems, and professional microphones used in various applications. The Company's professional audio communication products and unified communications audio end points offer HDConference, Distributed Echo Cancellation and noise cancellation technologies to develop communication during a conference call by eliminating echo and background noise.

The Company's professional conferencing products include the CONVERGE Pro and Converge SR product lines. The Converge Pro product line includes the Converge Pro 880, Converge Pro 880T, Converge Pro 880TA, Converge Pro 840T, Converge Pro 8i, Converge Pro TH20 and Converge Pro VH20, and Converge SR product line includes Converge SR1212 and SR1212A. CONVERGE USB is a universal serial bus (USB) peripheral that provides plug-and-play audio connectivity between CONVERGE products and desktop/laptop universal control (UC) applications. The Company's INTERACT product line is a mid-tier conferencing product line designed for smaller conferencing rooms, as well as small and medium businesses. The INTERACT product series consists of the INTERACT AT and the INTERACT Pro. The ClearOne Beamforming Microphone Array is the Pro-Audio industry's microphone array with Beamforming and adaptive steering technology. ClearOne also offers WS800 Wireless Microphone Systems, including over four models of wireless microphones/transmitters (Tabletop/boundary, Gooseneck, Handheld, Bodypack) and a base-station receiver, which connects to professional audio mixers.

Unified communications audio end points

The Company's unified communications audio end points include traditional tabletop conferencing phones used in conference rooms and offices, and personal conferencing products that can be used with personal computers (PCs), laptops, tablets, smartphones and other portable devices. The Company's MAX product line consists of product families, including MAX EX and MAXAttach wired phones; MAX Wireless and MAXAttach Wireless, and MAX Internet Protocol (IP) and MAXAttach IP voice over Internet Protocol (VoIP) tabletop conferencing phones. MAX Wireless is designed for use in executive offices or small conference rooms with multiple participants. MAX EX and MAXAttach wired phones can be daisy chained together, up to a total of over four phones. MAX IP and MAXAttach IP are VoIP tabletop conference phones, which are based on session initiation Protocol (SIP) signaling protocol.

The Company's CHAT product line includes personal speakerphones and USB headsets. CHAT products are designed for a range of applications and devices (fixed or portable). The Company's CHAT personal speakerphones are approximately the size of a deck of cards, and connect to laptops, tablets, enterprise handsets, smartphones and cell phones, among others. CHAT group speakerphones are designed for small group use. CHATAttach consists of over two CHAT group speakerphones, which can be daisy-chained together to function as a single conferencing system.

Visual communication products

The Company sells visual communication products under video conferencing, streaming and digital signage categories. The Company's video conferencing product includes COLLABORATE. The COLLABORATE Infrastructure provides on-premise infrastructure solution. The COLLABORATE Desktop offers media transmitting capabilities for video, audio and data. Using ClearOne's DualStream technology, the application sends and receives video and data streams simultaneously with its streaming capability, ClearOne's Simulcast by allowing COLLABORATE Desktop users to chair or participate in corporate broadcasts. COLLABORATE Room is a video conferencing and collaboration solution. ClearOne offers Spontania cloud-based Media Collaboration solutions. It also allows service providers and partners to expand their offerings by deploying the technology within their own networks. The ClearOne video portfolio serves a range of video collaboration needs for enterprise, small and medium business (SMB), healthcare, education and other customers.

The Company's Streaming products are sold under VIEW and VIEW Pro brands. VIEW Pro system provides multi-view video composition and video-wall features using its built-in video processing engine. Its Aavelin-branded media players come with different hardware configurations for Digital Signage applications. Its RoomRoster-branded room information solution consists of the room sign and database integration used to display room schedules and other information in real-time.

The Company competes with AcousticMagic, Biamp, Crestron, Extron, Harman, Peavey, Phoenix Audio, Polycom, QSC, Sennheiser, Symetrix, Vaddio, Yamaha, AKG, Avlex, Beyerdynamic, Lectrosonics, Media Vision, Shure, TeachLogic, TOA, Avaya, Plantronics, CISCO, Logitech, Vidyo, Acano, Blue Jeans, Pexip, Zoom, Haivision, Scala, Tightrope, GN Netcom and Visix.

Company Address

Clearone Inc

5225 W Wiley Post Way Ste 500
SALT LAKE CITY   UT   84116-2825
P: +1801.9757200
F: +1801.3035711

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