ClearOne Announces Final Results of Tender Offer

September 23, 2008
ClearOne Announces Final Results of Tender OfferSALT LAKE CITY, Sept. 23 /PRNewswire-FirstCall/ -- ClearOne (Nasdaq: CLRO) today announced the final results of its modified Dutch auction tender offer, which expired at 12:00 midnight, Eastern Time, on Tuesday, September 16, 2008.

ClearOne has accepted for purchase 1,342,620 shares of its common stock at a price of $5.00 per share, for a total cost including fees of approximately $6.75 million. These shares represent approximately 13 percent of shares outstanding.

The depositary will promptly pay for the shares accepted for purchase. With completion of the tender offer, ClearOne now has approximately 8,888,000 shares of common stock outstanding.

About ClearOne

ClearOne is a communications solutions company that develops and sells audio conferencing systems and other related products for audio, video, and web conferencing applications. The reliability, flexibility, and performance of ClearOne's comprehensive solutions create a natural communications environment, which saves organizations time and money by enabling more effective and efficient communication. For more information, visit ClearOne's website at http://www.clearone.com.

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     Contacts:
     ClearOne Communications, Inc.
     Investor Relations
     +1-801-303-3555

SOURCE ClearOne Communications, Inc.