Clear-Com Will Continue Operation as a Wholly-Owned Business Within HME

The Videocom division of The Vitec Group today announces its acceptance of HME’s offer to acquire Clear-Com Communication Systems, its business unit that provides mission-critical voice communication systems for broadcast, live
performance, military, federal government and professional audio markets. HME, a privately held company based in Poway, California, is a pioneer of digital wireless intercom solutions for restaurant, hospitality, pro sports and pro audio markets. HME’s world-renowned expertise in wireless intercom technology and deep knowledge of the intercom market will provide Clear-Com greater access to a wider range of complementary communication solutions, economies of scale in product development and manufacturing operations. Clear-Com will continue operation as a wholly-owned business within HME.
The Vitec Group in the last 10+ years, has been supporting Clear-Com growth with industry
leading new product investments and technology acquisitions such as the ground-breaking,
patent-pending I.V.Core Intercom-over-IP technology from Talkdynamics. In addition, Clear-
Com today shares many common customers with some of Vitec Group’s market-leading brands
such as Vinten, Sachtler and Bexel. After this transition, Clear-Com will continue to advance
these relationships and offer even more added value to this existing customer base.

“The Clear-Com business is poised to further accelerate its growth with its leadership in TDM
Matrix and integrated IP and wireless solution. Together with HME they will form a major
powerhouse in the intercom and voice communication industry” said Joop Janssen, CEO of the
The Vitec Group Videocom Division. “HME is best positioned to provide Clear-Com with
additional key technology advantages in wireless, greater market reach, and simply bigger
critical mass in terms of operations and manufacturing.”

“This opportunity to combine forces with the best-known brand Clear-Com came at a perfect
time,” said Chuck Miyahira, CEO of HME. “We have been looking to expand our pro audio
business with a partner who brought a range of intercom experience and market knowledge that
would compliment ours. And Clear-Com was clearly a natural fit for HME.”

For more information: www.vitecgroup.com.