Clearfield’s Kevin Morgan Elected 2019 Chairman of the Fiber Broadband Association

Focused on showcasing the value that fiber deployments and services
brings to carriers, communities and people

MINNEAPOLIS–(BUSINESS WIRE)–Clearfield,
Inc
. (NASDAQ: CLFD), the specialist in fiber management for
communication service providers, today announced that Kevin Morgan, the
company’s Chief Marketing Officer, will serve as the 2019 Chairman of
the Board for the Fiber Broadband Association (FBA). Morgan will focus
his efforts on enabling the industry to manage the rapid increase in
fiber deployments throughout the Americas as the market moves toward a
fully connected, multi-Gigabit world.

“Kevin’s experience working for both service providers and leading,
innovative equipment vendors provides our organization a wealth of
knowledge to draw on for the coming year,” said Lisa R. Youngers,
President & CEO of the Fiber Broadband Association. “The market is
developing rapidly as carriers aggressively expand fiber deployments to
meet the services and capacity requirements of a globally connected
marketplace.”

Morgan served as the organization’s Vice Chairman in 2018. He was first
elected to the Board in 2010 and has served as Chair of both the
Government Affairs committee and Marketing committee for the FBA. Morgan
began his career at BellSouth, now a part of AT&T, where he worked as
the lead product evaluations resource of broadband technologies in the
Science & Technology department. Over his 30-year career, he has gained
extensive experience in advanced communications technology, fiber optic
systems and business product marketing. Clearfield has been a member of
the Association since 2002.

“We are quickly moving to a market tipping point as new entrants
including municipalities, utilities and cable operators have begun to
aggressively roll out fiber services, along with expanded deployments by
traditional carriers throughout the Americas,” said Morgan. “We’re
starting to see layers of opportunities develop for fiber-based services
including specific in-market deployments targeting millennials in MDUs,
preparation for 5G and Fixed Wireless Access roll outs and we’re excited
about the leadership role the Fiber Broadband Association will play as
this market develops.”

About the Fiber Broadband Association

The Fiber Broadband Association—formerly the Fiber to the Home Council
Americas—is the largest and only trade association in the Americas
dedicated to the pursuit of all-fiber optic network infrastructure to
the home, to the business, and everywhere.

The Fiber Broadband Association helps providers make informed decisions
about how, where, and why to build better broadband networks with fiber
optics while counting on its members to lead the organization forward,
to collaborate with industry allies, and to propel fiber optic
deployment forward. Since 2001, these companies, organizations, and
people have worked with our communities and consumers in mind to build a
better broadband future here and around the world. Learn more at fiberbroadband.org.

About Clearfield, Inc.

Clearfield, Inc. (NASDAQ: CLFD) designs, manufactures and distributes
fiber optic management, protection and delivery products for
communications networks. Our “fiber to anywhere” platform serves the
unique requirements of leading incumbent local exchange carriers
(traditional carriers), competitive local exchange carriers (alternative
carriers), and MSO/cable TV companies, while also catering to the
broadband needs of the utility/municipality, enterprise, data center and
military markets. Headquartered in Minneapolis, MN, Clearfield deploys
more than a million fiber ports each year. For more information, visit www.SeeClearfield.com.

Contacts

Richard M. Williams
Witz Communications for Clearfield, Inc.
919-435-9110
rmwilliams@witzcommunications.com