Clearfield Awarded for Ground Breaking Product Designs

Transforming the Fiber Management Industry Through Innovative Engineering

MINNEAPOLIS, June 3, 2014 (GLOBE NEWSWIRE) -- Clearfield, Inc. (Nasdaq:CLFD), the specialist in fiber management and connectivity platforms for communications providers, has been named a Eureka! Award winner by the Minneapolis/St. Paul Business Journal in its inaugural program recognizing innovation. Clearfield is recognized for innovations in the field of fiber optic deployment and for a creative approach to designing products that uniquely fill the needs of the customer and the industry as a whole, notably the FieldShield Optical Fiber Delivery and Protection System.

"Listening below the surface of what the customer is really telling you is a craft," said Cheri Beranek, Clearfield's President and Chief Executive Officer. "Service providers are looking for ways to reduce the cost of broadband. Our focus is to deliver integrated fiber management and delivery systems that are not only cost-effective, but reduce the time and de-skill the labor required for installation, saving our customers hundreds of dollars per homes served."

The broadband industry is recognizing the heavy cost of labor in a typical network build, thus the demand for simple fiber deployment solutions designed to reduce labor costs. Clearfield has built not only FieldShield, but its entire fiber management platform with products that scale to the environment and are simple to deploy – taking away the need for costly, skilled labor. Whether it's fiber to the home, business class or cell backhaul, Clearfield looks to answer the needs of the customer and the industry as a whole – and this commitment is the driving force behind every project Clearfield and its engineering team design.

Clearfield's engineering team will be honored at the Eureka! Awards Cocktail Reception on June 12^th. The award winners and their innovations will be published in the June 13^th edition of The Business Journal. Additional information about Clearfield can be found at www.ClearfieldConnection.com.

About Clearfield

Clearfield, Inc. (Nasdaq:CLFD) designs, manufactures and distributes fiber optic management products for the communications networks of leading ILECS, CLECs, MSO/cable TV companies and mobile broadband providers. We help service providers solve the Fiber Puzzle, which is how to reduce high costs associated with deploying, managing, protecting and scaling a fiber optic network to deliver the mobile, residential and business services customers want. Based on the patented Clearview™ Cassette, our unique single-architected, modular fiber management platform is designed to lower the cost of broadband deployment and maintenance by consolidating, protecting and distributing incoming and outgoing fiber circuits and enable our customers to scale their operations as their subscriber revenues increase. Headquartered in Plymouth, MN, Clearfield deploys millions of fiber ports each year throughout North America.

About The Eureka! Awards

The Minneapolis/St. Paul Region has long been known for its innovation and creativity, as evident by its many Fortune 500 companies, numerous nonprofits and thriving economy. The Eureka! Awards were established to recognize companies of all sizes that have invented new products or new ways of doing things that have altered and re-energized or disrupted their own operations and their industry, as well as delighted their customers.

A team of judges knowledgeable in entrepreneurialism and innovation, including Business Journal Editor Dirk DeYoung, selected the honorees.

CONTACT: Clearfield PR Contact
         Christy Kemp
         Calysto Communications
         Tel: + 1 404 266 2060 x539
         ckemp@calysto.com

Released June 3, 2014