Press release

Clearfield Announces New FOA Approved Training Program

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Clearfield,
Inc.
(NASDAQ:CLFD), the specialist in fiber management for
communications service providers, has successfully added Fiber Optic
Association-approved Certified Fiber Optic Technician training at the
company’s Brooklyn Park, Minnesota, Clearfield College campus, and at
remote locations around the country. The goal of this new program is to
help its customers train the skilled technicians needed to fully
capitalize on the rapidly growing demand for residential and business
fiber services, as well as support the rollout of 5G and Fixed Wireless
Access services.

Clearfield developed this course in response to the growing need for
trained fiber professionals. Seasoned technicians are retiring at a
rapid rate and keeping up with ever-increasing fiber broadband
deployments means replacing them with newly trained, knowledgeable
technicians. According to research from Korn
Ferry
, the shortage gap in the technology, media and
telecommunications markets will fall short by more than 1.1M skilled
workers globally by 2020, reaching 4.3M by 2030. These shortages are
predicted to cost the industry $449.7B in unrealized revenue globally,
including $162.2B in the U.S. alone.

Clearfield adds the CFOT® training program as a foundation for a
technician’s theoretical and practical knowledge when specifying,
installing and repairing optical fiber systems. The 3-day workshop
offers equal time spent on classroom knowledge and hands-on skills.
Students will gain a practical understanding and the skill set required
to further their expertise in the field–whether for the inside plant,
outside plant and/or the access network.

“We are recognized for developing practical, craft-friendly solutions
that are easy to deploy,” said Johnny Hill, Clearfield Chief Operating
Officer. “Our commitment to the industry and customers is to leverage
Clearfield’s experience and knowledge to support the increasing gap in
trained technicians with affordable standardized certification.”

The next available CFOT class is scheduled for June 25-27 at Clearfield
College in Brooklyn Park, Minnesota. For information on this and other
available dates and locations, please visit SeeClearfield.com,
or call (763) 519-9815.

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.

About the Fiber Optics Association

The FOA is an international non-profit educational organization that
is chartered to promote professionalism in fiber optics through
education, certification and standards. Founded in 1995 by a dozen
prominent fiber optics trainers and industry personnel as a professional
society for fiber optics and a source of independent certification, the
FOA has grown to include involvement in numerous activities that educate
the world about fiber optics and certify the workers who design, build
and operate the world’s fiber optic networks
.