SALT LAKE CITY, Feb. 18, 2014 /PRNewswire/ -- ClearOne (NASDAQ: CLRO) has received top marks from Frost & Sullivan for its continued innovation and leadership in the installed audio conferencing market, as the recipient of the 2014 Frost & Sullivan Global Installed Audio Conferencing Systems Market Leadership Award.
The award is presented to the company that has demonstrated excellence in capturing the highest market share and leadership position within its industry. Installed Audio Conferencing Systems are defined as non-portable audio conferencing endpoints designed specifically for use in larger meeting environments, such as large conference rooms, boardrooms, training rooms, etc. These systems handle multiple audio inputs and outputs and perform various sophisticated audio processing functions, to deliver high-quality and immersive audio conferencing for meetings.
"ClearOne offers the most comprehensive, sophisticated, and feature-rich product lines on the market today," said Ashwin Iyer, Research Director at Frost & Sullivan. "Frost & Sullivan firmly believes that ClearOne's complete product line of audio conferencing systems, strategic focus on innovation, and product line expansion, as well as large channel partner network, will help the company maintain its leadership position in the installed audio conferencing market."
Frost & Sullivan lists several key factors that have enabled ClearOne's continued success and leadership in the Installed Audio Conferencing Systems market: a complete professional audio conferencing systems product portfolio, a long history of product innovation, a large and well-developed partner ecosystem, and expanded use cases that allow the company to develop and implement industry-specific solutions."ClearOne has a long history of innovation in the audio conferencing industry, and we remain focused on delivering superior value for our customers and partners worldwide," said Zee Hakimoglu, Chairman and CEO of ClearOne. "We are honored to be selected by a prestigious global research organization such as Frost & Sullivan for this award. I thank them for this important market recognition on behalf of the entire ClearOne team."