Apr 26, 2002 Salt Lake City, UT
Gentner Communications, a division of ClearOne Communications Inc. (Nasdaq: CLRO - news), has signed an original equipment manufacturing agreement licensing its echo and noise cancellation technologies to Biamp Systems (Portland, Ore.), a provider of professional audio electronics.
Using the echo and noise cancellation technologies, Gentner and Biamp will jointly design a multi-channel card for integration into Biamp's Audia(TM) line of digital audio processing and networking systems. The Gentner technology will expand the scope of potential applications for the Audia product line to include audio conferencing capabilities.
"This partnership furthers Gentner's OEM strategy of leveraging our core audio technologies to extend beyond traditional audio conferencing markets," said Frances Flood, president and chief executive officer of ClearOne. "Biamp is a solid company with a great reputation and footprint in the sound reinforcement market. They also have a strong European presence, which supports our international growth objectives."
"We are pleased to be partnering with Gentner," said Ralph Lockhart, president of Biamp. "Gentner's echo and noise cancellation technologies are a natural complement to Audia's superb signal processing capabilities. We feel this partnership represents the very best combination of audio technologies in the industry."
About Gentner
Gentner Communications, a division of ClearOne Communications Inc. ( http://www.clearone.com ), provides a complete, integrated suite of voice, video and web conferencing products and services for today's distributed and global business environments.
About Biamp Systems
Biamp Systems is an acknowledged international leader in the field of professional audio electronics. The company is recognized for delivering high quality and innovative electronic products to meet the audio requirements of corporate boardrooms, conference centers, theater complexes, courtrooms, churches, educational centers, public venues and other installed audio applications. For additional information on Biamp's Audia Digital Audio Platform, visit http://www.biamp.com\audia .
Forward-Looking Disclaimer
To the extent any statement presented herein deals with information that is not historical, including statements about ClearOne's ability to apply its core Gentner technologies outside of traditional audio conferencing markets, 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 the annual report on Form 10-K, the quarterly report on Form 10-Q, and the registration statement on Form S-4/A filed on April 8, 2002.
