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): September 26, 2002.
ClearOne Communications, Inc.
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(Exact Name of Registrant as Specified in its Charter)
UTAH 0-17219 87-0398877
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification Number)
1825 Research Way, Salt Lake City, Utah 84119
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(Address of Principal Executive Offices) (Zip Code)
(801) 975-7200
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
ClearOne Communications, Inc.
Form 8-K
Item 5. Other Events.
On September 26, 2002, ClearOne Communications, Inc., issued a press
release reporting the reappointment of Susie Strohm as its chief financial
officer and the departure of Randall J. Wichinski, who had previously been chief
financial officer (the "Press Release").
The Press Release is attached as Exhibit 99.1 to this Report on Form 8-K
and is incorporated by reference herein.
Item 7. Exhibits
Exhibit No. Description
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99.1 Press Release of ClearOne Communications, Inc. dated
September 26, 2002, regarding the reappointment of
Susie Strohm as chief financial officer and the
departure of Randall J. Wichinski, who had previously
been chief financial officer.
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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.
CLEARONE COMMUNICATIONS, INC.
September 26, 2002 /s/ Frances M. Flood
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By: Frances M. Flood
Title: Chief Executive Officer
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EXHIBIT INDEX
Exhibit No. Description
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99.1 Press Release of ClearOne Communications, Inc. dated
September 26, 2002, regarding the reappointment of
Susie Strohm as chief financial officer and the
departure of Randall J. Wichinski, who had previously
been chief financial officer.
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Exhibit 99.1
FOR IMMEDIATE RELEASE
CONTACT: Bryce Benson, Investor/Media Relations
ClearOne Communications Inc.
Phone: 1.801.974.3786, 1.800.945.7730
Fax: 1.801.977.0087
E-mail: bryce.benson@clearone.com
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Susie Strohm Resumes Role as ClearOne CFO
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SALT LAKE CITY, September 26, 2002--ClearOne Communications Inc. (Nasdaq: CLRO)
today announced that Susie Strohm, the company's vice president of finance and
controller, will return to the position of chief financial officer. She replaces
Randy Wichinski, who has decided to return to public accounting in Wisconsin.
Wichinski, who has served on ClearOne's board of directors since 1999, assumed
the role of chief financial officer in 2001 to provide additional tax and
accounting expertise to the company during a transitional period that involved
several acquisitions and a private stock offering. It also enabled Strohm, who
had been the chief financial officer since 1998, to focus on operations and
spend time with her young family.
"We are excited to have Susie return to her post," said Frances Flood, president
and chief executive officer of ClearOne. "Her strong relationships with the
financial community and proven ability to lead ClearOne financially position us
well for future growth."
"We are also grateful to Randy for his contributions over the past year,"
continued Flood. "He has been an asset to the corporation and we wish him the
best in his future endeavors."
"I have truly enjoyed my role as CFO, and I take great pride in all that we have
accomplished during the past year," said Wichinski. "However, an opportunity for
me to return home, to live and work in Wisconsin, is too great to pass up."
Wichinski will not stand for reelection to ClearOne's board of directors.
To the extent any statement presented herein deals with information that is not
historical, such statement is necessarily forward-looking and made pursuant to
the safe harbor provisions of the Securities Litigation Reform Act of 1995. As
such, it is subject to the occurrence of many events outside ClearOne's control
that could cause ClearOne's results to differ materially from those anticipated.
Please see the risk factors contained in ClearOne's most recent SEC filings,
including its annual report on Form 10-K and quarterly reports on Form 10-Q.
- more -
ClearOne Communications is a provider of multimedia conferencing products and
services that bring geographically dispersed people together--compressing time
and distance. Product offerings include audio and videoconferencing systems,
peripherals and furniture. Service offerings include a full suite of audio,
video and data conferencing services, and business services such as training,
field support, help desk, and system consulting. Additional information is
available at www.clearone.com.
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