UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT PURSUANT
TO
SECTION 13 OR 15(D) OF
THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event
reported): July
14, 2009
ClearOne Communications,
Inc.
(Exact
Name of Registrant as Specified in Its Charter)
Utah
(State or
Other Jurisdiction of Incorporation)
|
001-33660
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87-0398877
|
|
(Commission
File Number)
|
(IRS
Employer Identification No.)
|
|
5225
Wiley Post Way, Suite 500
Salt Lake City, Utah
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84116
|
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
(801)
975-7200
(Registrant’s
Telephone Number, Including Zip Code)
Not
applicable
(Former
Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
[ ] Pre-commencement
communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
5.02
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Departure
of Directors or Principal Officers; Election of Directors; Appointment of
Principal Officers
|
On July
13, 2009, ClearOne Communications, Inc. (the “Company”) appointed Mr. Narsi
Narayanan as the principal financial officer and principal accounting
officer.
On July
14, 2009, the Company issued a press release titled ClearOne names Narsi Narayanan as
Vice President of Finance. The full text of the Company’s
press release is attached hereto as Exhibit 99.1 and is incorporated by
reference.
Item
9.01 Financial
Statements and Exhibits.
(d) Exhibits.
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Exhibit No.
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Title of Document
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Location
|
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99.1
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Press
Release dated July 14, 2009 captioned “ClearOne names Narsi Narayanan as
Vice President of Finance.”
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This
Filing
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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CLEARONE
COMMUNICATIONS, INC.
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|||
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Date: July
15, 2009
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By:
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/s/ Zeynep Hakimoglu
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Zeynep
Hakimoglu
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|||
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President
and Chief Executive Officer
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|||
2
Contact:
ClearOne
Mary
Evans
(801)
303-3582
CLEARONE
NAMES NARSI NARAYANAN AS VICE PRESIDENT OF FINANCE
Salt Lake City, UT – July 14, 2009 –
ClearOne (NASDAQ: CLRO) today announced that Narsi Narayanan has been
named Vice President of Finance. Narayanan joined ClearOne in early May 2009 as
a Financial Consultant.
Narayanan
brings over 15 years of professional experience in the areas of accounting,
finance and taxes to his new role as Vice President of Finance. He is a Certified Public
Accountant with graduate degrees in accounting (M. Acc.) and business
(MBA-Finance).
Prior to
joining ClearOne, Narayanan managed the SEC reporting, US GAAP accounting
research, SOX compliance and other financial reporting functions from August
2007 through February 2009 at Solo Cup Company, a $1.8 billion publicly
reporting international consumer products company. Prior to that, Narayanan
managed the accounting and finance functions including SEC Reporting, SOX
compliance and US GAAP accounting research from June 2004 through August 2007 at
eCollege.com, a leading technology company serving private educational
institutions which was also a $100 million publicly reporting company before
being acquired by Pearson Education group. In addition to being a
Chartered Accountant, Narayanan has extensive experience working in public
accounting and in various senior finance positions in India with large public
companies.
“Narsi
has been acting as Financial Consultant for us since early May. He has
demonstrated the technical depth and breadth needed for public company
reporting, as well as the business acumen to contribute to our strategic growth
plans. His professional knowledge in finance is exceptional,” said Zee
Hakimoglu, President, Chief Executive Officer and Chairman of ClearOne. “Narsi
will play a key role on the executive team with his unique ability to clearly
communicate complex financial information for effective decision
making.”
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.