Fortune Small Business Adds ClearOne to 2009 FSB 100 List
"We are honored to be recognized by Fortune Small Business as one of America's top small public companies," said Zee Hakimoglu, president, chief executive officer and chairman of ClearOne. "We are particularly pleased to be included among the 30 best companies in the technology sector of FSB 100. All of us at ClearOne share in this recognition, which reflects the hard work and dedication of every employee at ClearOne."
To qualify for the FSB 100 list, candidates must be a U.S.-domiciled firm with annual revenues of less than $200 million and a stock price greater than $1. All companies that meet these criteria are ranked, 1-100, by their three-year annualized rates of revenue growth and total return to investors. The overall rank is based on the sum of the two ranks. Companies with losses in any of the four quarters ended on or before Dec. 31, 2008, were excluded from the list. A complete list of requirements for inclusion in the FSB 100 list can be found at http://money.cnn.com/magazines/fsb/fsb100/2009/faq/.
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 www.clearone.com.
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Contact: ClearOne Investor Relations (801) 303-3555
SOURCE ClearOne