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EX-99 - EX 99.1 PRESS RELEASE - CLEARONE INCexhibit_99z1doc.htm

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): May 16, 2012

 

ClearOne Communications, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Utah

(State or Other Jurisdiction of Incorporation)

 

001-33660

 

87-0398877

(Commission File Number)

 

(I.R.S. employer
identification number)

5225 Wiley Post Way, Suite 500, Salt Lake City, Utah

 

84116

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.

 

On May 16, 2012, ClearOne Communications, Inc. (the “Company”) issued a press release attached hereto as Exhibit 99.1 and incorporated by reference.  In the press release, the Company announced that its Board of Directors had authorized a stock buy-back program to acquire up to $2,000,000 in the Company’s common stock during the next twelve months.  All purchases will be executed in accordance with applicable federal securities laws.

 

Item 9.01              Financial Statements and Exhibits.

                                                                                                                                               

(d)           Exhibits.

 

Exhibit No.

Title of Document

Location

99.1

Press Release dated May 16, 2012 captioned “ClearOne’s Board of Directors Authorizes Stock Buy-Back.”

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.

 

 

 

 

 

 

 

 

 

Date:  May 16, 2012

By:

/s/ Zeynep Hakimoglu

 

 

Zeynep Hakimoglu

 

 

President and Chief Executive Officer