Form 8-K dated 07/11/2006 ClearOne Announces Termination of SEC Investigation
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
11, 2006
ClearOne
Communications, Inc.
(Exact
Name of Registrant as Specified in Its Charter)
Utah
(State
or
Other Jurisdiction of Incorporation)
000-17219
|
|
87-0398877
|
(Commission
file number)
|
|
(I.R.S.
employer
identification
number)
|
1825
Research Way, Salt Lake City, Utah
|
|
84119
|
(Address
of principal executive offices)
|
|
(Zip
Code)
|
(801)
975-7200
(Registrant’s
Telephone Number, Including Area 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))
Item
8.01 Other Events.
ClearOne
Communications, Inc. (the “Company”) has been advised by the U.S. Securities and
Exchange Commission that the investigation initiated by the Commission with
regard to ClearOne’s failure to timely file its annual and quarterly reports has
been terminated and no enforcement action has been recommended. On
July
11, 2006, the Company issued a press release captioned “ClearOne Announces
Termination of SEC Investigation.” A copy of the press release is included as
Exhibit 99.1 to this report.
Item
9.01 Financial
Statements and Exhibits.
(d) Exhibits.
Exhibit
No.
|
Title
of Document
|
Location
|
99.1
|
Press
Release dated July 11, 2006 captioned “ClearOne Announces Termination of
SEC Investigation”
|
This
Filing
|
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.
|
CLEARONE
COMMUNICATIONS, INC.
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|
|
|
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Date:
July 11, 2006
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By:
|
/s/
Zeynep Hakimoglu
|
|
|
Zeynep
Hakimoglu
|
|
|
President
and Chief Executive Officer
|
|
|
|
Press Release ClearOne Announces Termination of SEC Investigation
Contacts:
ClearOne
Investor
Relations
(801)
303-3555
60; Robert
Jaffe
60; PondelWilkinson
Inc.
60; (310)
279-5969
CLEARONE
ANNOUNCES TERMINATION OF SEC INVESTIGATION
Salt
Lake City, UT - July 11, 2006 - ClearOne
Communications, Inc. (OTC: CLRO.PK) today announced that it has been advised
by
the U.S. Securities and Exchange Commission that the investigation initiated
by
the Commission with regard to ClearOne’s failure to timely file its annual and
quarterly reports has been terminated, and that no enforcement action has been
recommended.
“We
are
pleased that this matter is now behind us and we can focus our full attention
on
growing our business,” said Zee Hakimoglu, president and chief executive officer
of ClearOne.
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.
This
release contains “forward-looking” statements that are based on present
circumstances and on ClearOne’s predictions with respect to events that have not
occurred, that may occur, or that may occur with different consequences and
timing than those now assumed or anticipated. Such forward-looking statements
are not guarantees of future performance or results and involve risks and
uncertainties that could cause actual events or results to differ materially
from the events or results described in the forward-looking statements. Such
forward-looking statements are made only as of the date of this release and
ClearOne assumes no obligation to update forward-looking statements to reflect
subsequent events or circumstances. Readers should not place undue reliance
on
these forward-looking statements.
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