Clearview, Ignis ASA Enter into International Supply Agreement

Agreement provides capacity guarantees to fuel Clearfield's growth.

OSLO & MINNEAPOLIS--(BUSINESS WIRE)-- Clearfield, Inc. (NASDAQ: CLFD), a specialist in fiber management solutions for fiber to the premises (FTTp) deployments, and Ignis ASA, a leading international provider of optical components, announced today that they have signed a mutual supply agreement.

Under the terms of the agreement, the Korean manufacturing center of Ignis will be the preferred supplier of optical components to Clearfield. Ignis will sell this integrated solution exclusively through Clearfield.

"We are proud to team our wafer fabrication and array technology with the superior optical component packaging of the most innovative fiber management supplier in North America," said Matt Lee, Chief Operating Officer of Ignis ASA. "As the leading provider of optical component products to the largest FTTH deployments in the world, Ignis is pleased to bring our standards of quality and delivery to Clearfield."

"Clearfield has designed an optical component package that has been field-proven in the harshest of environments. Thousands have been deployed and have weathered the extremes of Alaska winters to Alabama summers," explains Johnny Hill, Chief Operating Officer of Clearfield. "Our partnership with Ignis cements our ability to provide an increasing volume of highly reliable, quality products."

"With monies beginning to flow from the Broadband Stimulus program, we are seeing a number of FTTH projects receive funding," explains Cheri Beranek, president and CEO of Clearfield. "This agreement is one means by which Clearfield is assuring our customers and prospects that Clearfield can respond to their quality, delivery and cost requirements."

About Ignis

Ignis ASA is comprised of three subsidiaries including 69.3% ownership in Ignis Fira in Korea, the wholly owned Ignis Photonyx in Denmark and Ignis Syntune in Sweden. Ignis is a leading international provider of optical splitters, multiplexers, and state-of-the-art widely tunable lasers for applications ranging from fiber-optic communications to sensor systems. Headquartered in Oslo Norway, Ignis ASA is listed on the Oslo Stock Exchange (OSE: IGNIS).

About Clearfield, Inc.

Clearfield, Inc. designs and manufactures the WaveSmart Platform of Powered Optical Signal products, including the WaveSmart PowerNode 1550 EDFA, and the FieldSmart Fiber Management Platform, which includes its latest generation FieldSmart Fiber Distribution System (FxDS), FieldSmart Fiber Scalability Center (FSC) and FieldSmart Fiber Delivery Point (FDP) series. The FxDS, FSC and FDP product lines are built upon the Clearview Cassette, delivering the industry's only fiber management platform that is built upon a single architecture. Headquartered outside of Minneapolis, Minnesota, Clearfield is traded on NASDAQ: CLFD.

More information about Clearfield, Inc., its products and its people can be found at http://www.ClearfieldConnection.com.

    Source: Clearfield, Inc.

Released February 12, 2010