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<SEC-DOCUMENT>0000840715-05-000020.txt : 20050304
<SEC-HEADER>0000840715-05-000020.hdr.sgml : 20050304
<ACCEPTANCE-DATETIME>20050304172123
ACCESSION NUMBER:		0000840715-05-000020
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050304
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
FILED AS OF DATE:		20050304
DATE AS OF CHANGE:		20050304

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CLEARONE COMMUNICATIONS INC
		CENTRAL INDEX KEY:			0000840715
		STANDARD INDUSTRIAL CLASSIFICATION:	RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
		IRS NUMBER:				870398877
		STATE OF INCORPORATION:			UT
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17219
		FILM NUMBER:		05662126

	BUSINESS ADDRESS:	
		STREET 1:		1825 RESEARCH WAY
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84119
		BUSINESS PHONE:		8019757200

	MAIL ADDRESS:	
		STREET 1:		1825 RESEARCH WAY
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84119

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GENTNER COMMUNICATIONS CORP
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GENTNER ELECTRONICS CORP
		DATE OF NAME CHANGE:	19910808
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k_omvideo.txt
<TEXT>

                       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):
                       March 4, 2005 (February 28, 2005)


                          ClearOne Communications, Inc.
             (Exact Name of Registrant as Specified in Its Charter)

                                      Utah
                 (State of Other Jurisdiction of Incorporation)


                0-17219                                   87-0398877
         (Commission File Number)              (IRS Employer Identification No.)


           1825 Research Way,
          Salt Lake City, Utah                              84119
(Address of Principal Executive Offices)                 (Zip Code)


                                 (801) 975-7200
               (Registrant's Telephone Number, Including Zip Code)


          (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))


<PAGE>


Item 1.01      Entry into a Material Definitive Agreement

        On February 28, 2005, ClearOne Communications, Inc. (the "Company")
entered into an agreement with 6351352 Canada Inc., a Canada corporation
("Buyer") to sell to Buyer all of the issued and outstanding stock in the
capital of its Canadian subsidiary, ClearOne Communications of Canada, Inc.
("ClearOne Canada"). ClearOne Canada owns all the issued and outstanding stock
of Stechyson Electronics Ltd., which conducts business under the name "OM
Video." The Company agreed to sell the stock in ClearOne Canada for
U.S.$1,456,000 plus an earn-out amount ranging from 3%-4% of OM Video's gross
revenues over a five-year period. The cash portion of the purchase price was
satisfied by the delivery of U.S.$25,000 upon execution of the agreement and a
further U.S.$175,000 upon closing of the transaction.. The balance of U.S.
$1,256,000 is payable over a 15-month period, with interest accruing on the
unpaid balance at the rate of 5.25% per annum.

Item 2.01      Completion of Acquisition or Disposition of Assets

        On March 4, 2005, the Company closed the transaction described above
under Item 1.01.





                                   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: March 4, 2005                By: /s/ Zeynep Hakimoglu
      --------------------             -----------------------------------------
                                       Zeynep Hakimoglu, Chief Executive Officer










                                     - 2 -
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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