----

----

| Utah                                                                    |   | 87-0398877                                       |
|-------------------------------------------------------------------------|--------|--------------------------------------------------|
| (State      or other jurisdiction ofincorporation      or organization) |   | (I.R.S.      employeridentification      number) |

| 5225 Wiley Post Way, Suite 500Salt Lake City, Utah |   |  84116     |
|----------------------------------------------------|--------|-----------------|
| (Address      of principal executive offices)      |   | (Zip      Code) |

| Common      StockTitle      of Class | 8,928,563Number      of SharesOutstanding      at May 4, 2009 |
|--------------------------------------|---------------------------------------------------------------|

----

----

----

|                                            |                                                                                                                                                       | Page      Number |
|-------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------|
|  PART      I – FINANCIAL INFORMATION |
| Item      1                                     |  Condensed      Consolidated Financial Statements:                                                                                                    |             |
|                                            |  Consolidated      Balance Sheets as of March 31, 2009 and June 30, 2008                                                                              | 1                |
|                                            |  Consolidated      Statements of Operations for the three months ended March 31, 2009 and      2008 and the nine months ended March 31, 2009 and 2008 | 2                |
|                                            |  Consolidated      Statements of Cash Flows for the nine months ended March 31, 2009 and      2008                                                    | 4                |
|                                            |  Notes      to Condensed Consolidated Financial Statements                                                                                            | 6                |
| Item      2                                     |  Management’s      Discussion and Analysis of Financial Condition and Results of      Operations                                                | 11               |
| Item      3                                     |  Quantitative      and Qualitative Disclosures About Market Risk                                                                                      | 17               |
| Item      4                                     |  Controls      and Procedures                                                                                                                         | 17               |
|  PART      II – OTHER INFORMATION    |
| Item      1                                     |  Legal      Proceedings                                                                                                                               | 18               |
| Item      1A                                    |  Risk      Factors                                                                                                                                    | 19               |
| Item      2                                     |  Unregistered      Sales of Equity Securities and Use of Proceeds                                                                                     | 19               |
| Item      3                                     |  Defaults      Upon Senior Securities                                                                                                                 | 20               |
| Item      4                                     |  Submission      of Matters to a Vote of Security Holders                                                                                             | 20               |
| Item      5                                     |  Other      Information                                                                                                                               | 20               |
| Item      6                                     |  Exhibits                                                                                                                                             | 20               |
|  Signatures                                |                                                                                                                                                       | 21               |

----

| CLEARONE      COMMUNICATIONS, INC. AND SUBSIDIARIES                                         |   |
|---------------------------------------------------------------------------------------------|--------|
| CONSOLIDATED      BALANCE SHEETS                                                            |   |
| (in      thousands of dollars)                                                              |   |
|                                                                                        |   |   |   |   |   |   |
|                                                                                        |   | (unaudited) |   |   | (audited) |   |
|                                                                                        |   | March      31, |   |   | June      30, |   |
|                                                                                        |   | 2009 |   |   | 2008 |   |
| ASSETS                                                                                      |   |   |   |   |   |   |
| Current      assets:                                                                        |   |   |   |   |   |   |
| Cash      and cash equivalents                                                              |   | $ | 10,908 |   |   | $ | 3,327 |   |
| Marketable      securities                                                                  |   |   | 830 |   |   |   | 5,922 |   |
| Accounts      receivable, net of allowance for doubtful accounts                            |   |   |   |   |   |   |   |   |
|      of      $72 and $87, respectively                             |   |   | 5,486 |   |   |   | 7,238 |   |
| Deposit,      bond for preliminary injunction                                               |   |   | 0 |   |   |   | 908 |   |
| Note      receivable                                                                        |   |   | 5 |   |   |   | 43 |   |
| Inventories,      net                                                                       |   |   | 14,046 |   |   |   | 7,799 |   |
| Income      tax receivable                                                                  |   |   | 1,015 |   |   |   | 0 |   |
| Deferred      income taxes                                                                  |   |   | 2,606 |   |   |   | 2,828 |   |
| Prepaid      expenses                                                                       |   |   | 716 |   |   |   | 820 |   |
| Total      current assets                                                                   |   |   | 35,612 |   |   |   | 28,885 |   |
|                                                                                        |   |   |   |   |   |   |   |   |
| Long-term      marketable securities                                                        |   |   | 0 |   |   |   | 11,168 |   |
| Property      and equipment, net                                                            |   |   | 2,634 |   |   |   | 2,554 |   |
| Intangible      assets, net                                                                 |   |   | 39 |   |   |   | 47 |   |
| Long-term      deferred tax asset                                                           |   |   | 1,067 |   |   |   | 1,639 |   |
| Other      assets                                                                           |   |   | 21 |   |   |   | 7 |   |
| Total      assets                                                                           |   | $ | 39,373 |   |   | $ | 44,300 |   |
|                                                                                        |   |   |   |   |   |   |   |   |
| LIABILITIES      AND SHAREHOLDERS' EQUITY                                                   |   |   |   |   |   |   |   |   |
| Current      liabilities:                                                                   |   |   |   |   |   |   |   |   |
| Accounts      payable                                                                       |   | $ | 2,741 |   |   | $ | 2,187 |   |
| Accrued      taxes                                                                          |   |   | 0 |   |   |   | 72 |   |
| Accrued      liabilities                                                                    |   |   | 1,946 |   |   |   | 3,600 |   |
| Deferred      product revenue                                                               |   |   | 4,163 |   |   |   | 4,547 |   |
| Total      current liabilities                                                              |   |   | 8,850 |   |   |   | 10,406 |   |
|                                                                                        |   |   |   |   |   |   |   |   |
| Deferred      rent                                                                          |   |   | 583 |   |   |   | 700 |   |
| Other      long-term liabilities                                                            |   |   | 1,187 |   |   |   | 1,054 |   |
| Total      liabilities                                                                      |   |   | 10,620 |   |   |   | 12,160 |   |
|                                                                                        |   |   |   |   |   |   |   |   |
| Shareholders'      equity:                                                                  |   |   |   |   |   |   |   |   |
| Common      stock, par value $0.001, 50,000,000 shares authorized,                          |   |   |   |   |   |   |   |   |
|    8,928,387      and 10,228,902 shares issued and outstanding, respectively |   |   | 9 |   |   |   | 10 |   |
| Additional      paid-in capital                                                             |   |   | 38,469 |   |   |   | 44,618 |   |
| Accumulated      other comprehensive (loss)                                                 |   |   | (8 | ) |   |   | (694 | ) |
| Accumulated      deficit                                                                    |   |   | (9,717 | ) |   |   | (11,794 | ) |
| Total      shareholders' equity                                                             |   |   | 28,753 |   |   |   | 32,140 |   |
| Total      liabilities and shareholders' equity                                             |   | $ | 39,373 |   |   | $ | 44,300 |   |
| See      accompanying notes to condensed consolidated financial      statements             |   |

----

| CLEARONE      COMMUNICATIONS, INC. AND SUBSIDIARIES                                  |   |
|--------------------------------------------------------------------------------------|--------|
| CONSOLIDATED      STATEMENTS OF OPERATIONS                                           |   |
| (in      thousands of dollars, except per share amounts)                             |   |
| (unaudited)                                                                          |   |
|                                                                                 |   | Three      Months Ended March 31, |   |   | Nine      Months Ended March 31, |   |
|                                                                                 |   | 2009 |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| Revenue                                                                              |   | $ | 7,612 |   |   | $ | 9,163 |   |   | $ | 27,840 |   |   | $ | 29,393 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost      of goods sold                                                              |   |   | 3,605 |   |   |   | 3,439 |   |   |   | 11,399 |   |   |   | 12,153 |   |
| Gross      profit                                                                    |   |   | 4,007 |   |   |   | 5,724 |   |   |   | 16,441 |   |   |   | 17,240 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating      expenses:                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Sales      and marketing                                                             |   |   | 1,690 |   |   |   | 1,640 |   |   |   | 5,600 |   |   |   | 4,820 |   |
| Research      and product development                                                |   |   | 1,810 |   |   |   | 1,701 |   |   |   | 5,430 |   |   |   | 5,134 |   |
| General      and administrative                                                      |   |   | 123 |   |   |   | 1,183 |   |   |   | 2,451 |   |   |   | 5,276 |   |
| Total      operating expenses                                                        |   |   | 3,623 |   |   |   | 4,524 |   |   |   | 13,481 |   |   |   | 15,230 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating      income                                                                |   |   | 384 |   |   |   | 1,200 |   |   |   | 2,960 |   |   |   | 2,010 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      other income, net                                                         |   |   | 60 |   |   |   | 196 |   |   |   | 221 |   |   |   | 848 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income      from continuing operations before income taxes                           |   |   | 444 |   |   |   | 1,396 |   |   |   | 3,181 |   |   |   | 2,858 |   |
| (Provision)      for income taxes                                                    |   |   | (105 | ) |   |   | (335 | ) |   |   | (1,104 | ) |   |   | (955 | ) |
| Income      from continuing operations                                               |   |   | 339 |   |   |   | 1,061 |   |   |   | 2,077 |   |   |   | 1,903 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income      from discontinued operations, net of tax of $0 and $9,      respectively |   |   | 0 |   |   |   | 0 |   |   |   | 0 |   |   |   | 16 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      income                                                                      |   | $ | 339 |   |   | $ | 1,061 |   |   | $ | 2,077 |   |   | $ | 1,919 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| See      accompanying notes to condensed consolidated financial      statements      |   |

----

| CLEARONE      COMMUNICATIONS, INC. AND SUBSIDIARIES                             |   |
|---------------------------------------------------------------------------------|--------|
| CONSOLIDATED      STATEMENTS OF OPERATIONS (CONTINUED)                          |   |
| (in      thousands of dollars, except per share amounts)                        |   |
| (unaudited)                                                                     |   |
|                                                                            |   | Three      Months Ended March 31, |   |   | Nine      Months Ended March 31, |   |
|                                                                            |   | 2009 |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted      earnings per common share from continuing operations               |   | $ | 0.04 |   |   | $ | 0.10 |   |   | $ | 0.22 |   |   | $ | 0.18 |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted      earnings per common share from discontinued operations             |   | $ | 0.00 |   |   | $ | 0.00 |   |   | $ | 0.00 |   |   | $ | 0.00 |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      earnings per common share                                            |   | $ | 0.04 |   |   | $ | 0.10 |   |   | $ | 0.22 |   |   | $ | 0.18 |   |
| Diluted      earnings per common share                                          |   | $ | 0.04 |   |   | $ | 0.10 |   |   | $ | 0.22 |   |   | $ | 0.18 |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      weighted average shares outstanding                                  |   |   | 8,914,000 |   |   |   | 10,651,352 |   |   |   | 9,308,446 |   |   |   | 10,818,205 |   |
| Diluted      weighted average shares outstanding                                |   |   | 9,032,383 |   |   |   | 10,747,317 |   |   |   | 9,420,209 |   |   |   | 10,921,932 |   |
|                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| See      accompanying notes to condensed consolidated financial      statements |   |

----

|                                                                            |   | Nine Months Ended |   |
|---------------------------------------------------------------------------------|--------|-------------------|--------|
|                                                                            |   | March      31,    |   |   | March      31, |   |
|                                                                            |   | 2009              |   |   | 2008 |   |
| Cash      flows from operating activities:                                      |   |              |   |   |   |   |
| Net      income from continuing operations                                      |   | $                 | 2,077  |   |   | $ | 1,903 |   |
| Adjustments      to reconcile net income from continuing operations             |   |              |   |   |   |   |   |   |
|   to      net cash (used in) provided by operating activities:        |   |              |   |   |   |   |   |   |
| Depreciation      and amortization expense                                      |   |              | 532    |   |   |   | 580 |   |
| Stock-based      compensation                                                   |   |              | 483    |   |   |   | 551 |   |
| Write-off      of inventory                                                     |   |              | 640    |   |   |   | (34 | ) |
| (Gain)      loss on disposal of assets and fixed assets write-offs              |   |              | (5     | ) |   |   | 4 |   |
| (Recovery      of) provision for doubtful accounts                              |   |              | (14    | ) |   |   | 15 |   |
| Changes      in operating assets and liabilities:                               |   |              |   |   |   |   |   |   |
| Accounts      receivable                                                        |   |              | 1,115  |   |   |   | 837 |   |
| Deposit      - Bond                                                             |   |              | 908    |   |   |   | (908 | ) |
| Deferred      taxes                                                             |   |              | 386    |   |   |   | - |   |
| Note      receivable - Ken-A-Vision                                             |   |              | 38     |   |   |   | 121 |   |
| Inventories                                                                     |   |              | (6,887 | ) |   |   | (21 | ) |
| Prepaid      expenses and other assets                                          |   |              | 104    |   |   |   | (272 | ) |
| Accounts      payable                                                           |   |              | 1,205  |   |   |   | 348 |   |
| Accrued      liabilities                                                        |   |              | (1,654 | ) |   |   | 497 |   |
| Income      taxes                                                               |   |              | (954   | ) |   |   | (542 | ) |
| Deferred      product revenue                                                   |   |              | (384   | ) |   |   | (666 | ) |
| Net      change in other assets/liabilities                                     |   |              | (14    | ) |   |   | - |   |
| Net      cash (used in) provided by operating activities                        |   |              | (2,424 | ) |   |   | 2,413 |   |
|                                                                            |   |              |   |   |   |   |   |   |
| Cash      flows from investing activities:                                      |   |              |   |   |   |   |   |   |
| Purchase      of property and equipment                                         |   |              | (716   | ) |   |   | (684 | ) |
| Purchase      of intellectual property                                          |   |              | -      |   |   |   | (49 | ) |
| Purchase      of marketable securities                                          |   |              | -      |   |   |   | (10,570 | ) |
| Sale      of marketable securities                                              |   |              | 17,354 |   |   |   | 17,370 |   |
| Net      cash provided by continuing investing activities                       |   |              | 16,638 |   |   |   | 6,067 |   |
| Net      cash provided by discontinued investing activities                     |   |              | -      |   |   |   | 16 |   |
| Net      cash provided by investing activities                                  |   |              | 16,638 |   |   |   | 6,083 |   |
|                                                                            |   |              |   |   |   |   |   |   |
| Cash      flows from financing activities:                                      |   |              |   |   |   |   |   |   |
| Proceeds      from common stock                                                 |   |              | 135    |   |   |   | 591 |   |
| Common      stock purchased and retired                                         |   |              | (6,768 | ) |   |   | (3,370 | ) |
| Tax      benefit attributable to exercise of stock options                      |   |              | -      |   |   |   | 67 |   |
| Net      cash (used in) financing activities                                    |   |              | (6,633 | ) |   |   | (2,712 | ) |
|                                                                            |   |              |   |   |   |   |   |   |
| Net      increase in cash and cash equivalents                                  |   |              | 7,581  |   |   |   | 5,784 |   |
| Cash      and cash equivalents at the beginning of the period                   |   |              | 3,327  |   |   |   | 2,782 |   |
| Cash      and cash equivalents at the end of the period                         |   | $                 | 10,908 |   |   | $ | 8,566 |   |
|                                                                            |   |              |   |   |   |   |   |   |
| See      accompanying notes to condensed consolidated financial      statements |   |

----

|                                                                            |   | Nine Months Ended |   |
|---------------------------------------------------------------------------------|--------|-------------------|--------|
|                                                                            |   | March      31,    |   |   | March      31, |   |
|                                                                            |   | 2009              |   |   | 2008 |   |
| Supplemental      disclosure of cash flow information:                          |   |              |   |   |   |   |
| Cash      paid for income taxes                                                 |   | $                 | 1,637  |   |   | $ | 1,439 |   |
| Cash      paid for interest                                                     |   | $                 | -      |   |   | $ | 2 |   |
|                                                                            |   |              |   |   |   |   |   |   |
| Supplemental      disclosure of non-cash financing activities:                  |   |              |   |   |   |   |   |   |
| Exchanged      accounts receivable from a vendor with                           |   |              |   |   |   |   |   |   |
|   acccounts      payable to the same vendor                           |   | $                 | 651    |   |   | $ | 168 |   |
| Adoption      of FIN48                                                          |   | $                 | -      |   |   | $ | 295 |   |
| Unrealized      gain on available-for-sale investments, net of tax of $408      |   | $                 | 686    |   |   | $ | - |   |
|                                                                            |   |              |   |   |   |   |   |   |
| See      accompanying notes to condensed consolidated financial      statements |   |

----

|                     |   | March 31, |   |   | June 30, |   |
|--------------------------|--------|-----------|--------|--------|----------|--------|
|                     |   | 2009      |   |   | 2008     |   |
|                     |   |      |   |   |     |   |
| Raw      materials       |   | $         | 1,849  |   |     | $      | 724 |   |
| Finished      goods      |   |      | 10,796 |   |     |   | 5,356 |   |
| Consigned      inventory |   |      | 1,401  |   |     |   | 1,719 |   |
| Total      inventory     |   | $         | 14,046 |   |     | $      | 7,799 |   |

----

|                                |   | Three      months Ended |   |   | Nine      months Ended |   |
|-------------------------------------|--------|-------------------------|--------|--------|------------------------|--------|
|                                |   | March      31,          |   |   | March      31,         |   |
|                                |   | 2009                    |   |   | 2008                   |   |   | 2009 |   |   | 2008 |   |
| Cost      of goods sold             |   | $                       | -      |   |                   | $      | 23 |   |   | $ | 41 |   |   | $ | 63 |   |
| Sales      & marketing          |   |                    | 25     |   |                   |   | 17 |   |   |   | 57 |   |   |   | 65 |   |
| Research      & development     |   |                    | 7      |   |                   |   | 31 |   |   |   | 22 |   |   |   | 98 |   |
| General      & administrative   |   |                    | 128    |   |                   |   | 108 |   |   |   | 363 |   |   |   | 325 |   |
| Total      stock-based compensation |   | $                       | 160    |   |                   | $      | 179 |   |   | $ | 483 |   |   | $ | 551 |   |

|                                                                 |   | Three Months Ended |   |   | Nine Months Ended |   |
|----------------------------------------------------------------------|--------|--------------------|--------|--------|-------------------|--------|
|                                                                 |   | March 31,          |   |   | March 31,         |   |
|                                                                 |   | 2009               |   |   | 2008              |   |   | 2009 |   |   | 2008 |   |
|                                                                 |   |               |   |   |              |   |   |   |   |   |   |   |
| Gain      on disposal of discontinued operations:                    |   |               |   |   |              |   |   |   |   |   |   |   |
| OM      Video                                                        |   | $                  | -      |   |              | $      | - |   |   | $ | - |   |   | $ | 25 |   |
| Total      gain on disposal of discontinued operations               |   |               | -      |   |              |   | - |   |   |   | - |   |   |   | 25 |   |
|                                                                 |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Income      tax (provision) benefit:                                 |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| OM      Video                                                        |   | $                  | -      |   |              | $      | - |   |   | $ | - |   |   | $ | (9 | ) |
| Total      income tax (provision) benefit                            |   |               | -      |   |              |   | - |   |   |   | - |   |   |   | (9 | ) |
|                                                                 |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Total      income from discontinued operations, net of income taxes: |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| OM      Video                                                        |   | $                  | -      |   |              | $      | - |   |   | $ | - |   |   | $ | 16 |   |
| Total      income from discontinued operations,                      |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| net      of income taxes                                             |   | $                  | -      |   |              | $      | - |   |   | $ | - |   |   | $ | 16 |   |

----

|                                                                      |   | Three Months Ended |   |   | Nine Months Ended |   |
|---------------------------------------------------------------------------|--------|--------------------|--------|--------|-------------------|--------|
|                                                                      |   | March 31,          |   |   | March 31,         |   |
|                                                                      |   | 2009               |   |   | 2008              |   |   | 2009 |   |   | 2008 |   |
| Balance,      beginning of period                                         |   | $                  | 36     |   |              | $      | - |   |   | $ | (694 | ) |   | $ | - |   |
| Unrealized      holding (losses) gains, in available-for-sale investments |   |               | (70    | )      |              |   | - |   |   |   | 1,094 |   |   |   | - |   |
| Income      tax                                                           |   |               | 26     |   |              |   | - |   |   |   | (408 | ) |   |   | - |   |
| Balance,      end of period                                               |   | $                  | (8     | )      |              | $      | - |   |   | $ | (8 | ) |   | $ | - |   |

----

|                                                                       |   | Three Months Ended |   |   | Nine Months Ended |   |
|----------------------------------------------------------------------------|--------|--------------------|--------|--------|-------------------|--------|
|                                                                       |   | March 31,          |   |   | March 31,         |   |
|                                                                       |   | 2009               |   |   | 2008              |   |   | 2009 |   |   | 2008 |   |
| Net      income                                                            |   | $                  | 339    |   |              | $      | 1,061 |   |   | $ | 2,077 |   |   | $ | 1,919 |   |
|                                                                       |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Other      comprehensive income:                                           |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Unrealized      gain (loss) on available-for-sale investments, net oftaxes |   |               | 8      |   |              |   | (764 | ) |   |   | 686 |   |   |   | (764 | ) |
| Comprehensive      Income                                                  |   | $                  | 347    |   |              | $      | 297 |   |   | $ | 2,763 |   |   | $ | 1,155 |   |

----

|                                          |   | Total      Fair Value at March 31, 2009 |   |   | Quoted      Prices in Active Markets for Identical Assets (Level 1) |   |   | Significant      other observable inputs (Level 2) |   |   | Significant      unobservable inputs (Level 3) |   |   | Total  |   |
|-----------------------------------------------|--------|-----------------------------------------|--------|--------|---------------------------------------------------------------------|--------|--------|----------------------------------------------------|--------|--------|-----------------------------------------------------|--------|--------|--------|--------|
|                                          |   |                                    |   |   |                                                                |   |   |                                               |   |   |                                                |   |   |   |   |
| Short-term      available-for-sale securities |   | $                                       | 830    |   |                                                                | $      | 830    |                                               |   | $      | -                                                   |   |   | $      | -      |   |   | $ | 830 |   |
| Total                                         |   |                                    |   |   |                                                                | $      | 830    |                                               |   | $      | -                                                   |   |   | $      | -      |   |   | $ | 830 |   |

----

----

|                    |   | Deferred Revenue |   |   | Deferred Cost of Goods Sold |   |   | Deferred Gross Profit |   |
|-------------------------|--------|------------------|--------|--------|-----------------------------|--------|--------|-----------------------|--------|
|                    |   |             |   |   |                        |   |   |                  |   |
| March      31, 2009     |   | $                | 4,163  |   |                        | $      | 1,400  |                  |   | $ | 2,763 |   |
| December      31, 2008  |   |             | 4,881  |   |                        |   | 1,678  |                  |   |   | 3,203 |   |
| September      30, 2008 |   |             | 4,432  |   |                        |   | 1,926  |                  |   |   | 2,506 |   |
| June      30, 2008      |   |             | 4,547  |   |                        |   | 1,719  |                  |   |   | 2,828 |   |
| March      31, 2008     |   |             | 4,206  |   |                        |   | 1,757  |                  |   |   | 2,449 |   |

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|                                  |   | Three Months Ended |   |   | Nine Months Ended |   |
|---------------------------------------|--------|--------------------|--------|--------|-------------------|--------|
|                                  |   | (in thousands)     |   |   | (in thousands)    |   |
|                                  |   | March      31,     |   |   | March      31,    |   |
|                                  |   | 2009               |   |   | 2008              |   |   | 2009 |   |   | 2008 |   |
|                                  |   |               |   |   | %      of Revenue |   |   |   |   |   | %      of Revenue |   |   |   |   |   | %      of Revenue |   |   |   |   |   | %      of Revenue |   |
| Revenue:                              |   | $                  | 7,612  |   |              |   | 100% |   |   | $ | 9,163 |   |   |   | 100% |   |   | $ | 27,840 |   |   |   | 100% |   |   | $ | 29,393 |   |   |   | 100% |   |
|                                  |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost      of goods sold:              |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      cost of goods sold         |   |               | 3,605  |   |              |   | 47% |   |   |   | 3,439 |   |   |   | 38% |   |   |   | 11,399 |   |   |   | 41% |   |   |   | 12,153 |   |   |   | 41% |   |
| Gross      profit                     |   |               | 4,007  |   |              |   | 53% |   |   |   | 5,724 |   |   |   | 62% |   |   |   | 16,441 |   |   |   | 59% |   |   |   | 17,240 |   |   |   | 59% |   |
|                                  |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating      expenses:              |   |               |   |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Sales      and marketing              |   |               | 1,690  |   |              |   | 22% |   |   |   | 1,640 |   |   |   | 18% |   |   |   | 5,600 |   |   |   | 20% |   |   |   | 4,820 |   |   |   | 16% |   |
| Research      and product development |   |               | 1,810  |   |              |   | 24% |   |   |   | 1,701 |   |   |   | 19% |   |   |   | 5,430 |   |   |   | 20% |   |   |   | 5,134 |   |   |   | 17% |   |
| General      and administrative       |   |               | 123    |   |              |   | 2% |   |   |   | 1,183 |   |   |   | 13% |   |   |   | 2,451 |   |   |   | 9% |   |   |   | 5,276 |   |   |   | 18% |   |
| Total      operating expenses         |   | $                  | 3,623  |   |              |   | 48% |   |   | $ | 4,524 |   |   |   | 49% |   |   | $ | 13,481 |   |   |   | 48% |   |   | $ | 15,230 |   |   |   | 52% |   |

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| Exhibit |                                                          |             |
|---------|---------------------------------------------------------------|------------------|
| No.     | Title of Document                                             | Location         |
| 31.1    | Section      302 Certification of Chief Executive Officer     | This      filing |
| 31.2    | Section      302 Certification of Principal Financial Officer | This      filing |
| 32.1    | Section      906 Certification of Chief Executive Officer     | This      filing |
| 32.2    | Section      906 Certification of Principal Financial Officer | This      filing |

----

| ClearOne      Communications, Inc., a Utah corporation |
|--------------------------------------------------------|
|                                                   |   |   |
|                                                   |   |   |
|                                                   |   |   |
| May      14, 2009                                      | By: | /s/ Zeynep Hakimoglu |
|                                                   |   | Zeynep      Hakimoglu |
|                                                   |   | President      and Chief Executive Officer |
|                                                   |   | (Principal      Executive Officer) |
|                                                   |   |   |
|                                                   |   |   |
|                                                   |   |   |
| May      14, 2009                                      | By: | /s/ Greg A. LeClaire |
|                                                   |   | Greg      A. LeClaire |
|                                                   |   | Chief      Financial Officer |
|                                                   |   | (Principal      Financial and Accounting Officer) |

----