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CLFD Clearfield Inc

38.26
0.52 (1.38%)
01 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Clearfield Inc NASDAQ:CLFD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.52 1.38% 38.26 37.25 38.56 39.00 38.08 38.11 147,042 01:00:00

North Carolina's Surry Telephone Membership Corporation Selects Clearfield for Its FTTH Project

25/10/2011 7:15pm

GlobeNewswire Inc.


Clearfield (NASDAQ:CLFD)
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Clearfield, Inc. (Nasdaq:CLFD) today announced that Surry Telephone Membership Corporation is deploying the entire FieldSmart platform for fiber management and protection needs in an extensive Fiber to the Home build. As a North Carolina-based member-owned cooperative, Surry selected Clearfield for the project that will bring enhanced broadband services to its membership base as well as allow it to expand services into a CLEC serving area.

Surry's Chief Engineer Richie Parker said, "We selected Clearfield because it offered a fiber management platform that scaled from one end of the network to the other. At every consolidation and distribution point in the network, fiber is protected within the Clearview Cassette."

Surry is using an active electronics deployment model in its ILEC serving area and a GPON architecture for its CLEC operations. "Because we recognize that our take-rates will be different in our ILEC markets than in our CLEC operations, we needed a fiber management solution that allowed us to pace our capital equipment expenditures alongside the increase in subscribers," Parker continued. "The configurability of Clearfield's FieldSmart platform is allowing us to contain our spending and reduce costs during the build-out of this project."

"Surry Telephone's deployment of fiber demonstrates its commitment to its member-owners," said Cheri Beranek, president and CEO of Clearfield. "This project, which is financed outside of government programs associated with the American Recovery Act or the RUS program, is a wonderful example of the many fiber-rich broadband projects currently being undertaken by proactive telephone companies across the country."

About Clearfield, Inc.

Clearfield, Inc. (Nasdaq:CLFD) sets the standard for fiber performance with the FiberDeep line of fiber connectivity, while lowering the cost of broadband deployment with the FieldSmart fiber management platform and the CraftSmart OSP fiber enclosure system.

CONTACT: Christy Kemp
         Calysto Communications
         404-266-2060, ext. 539
         ckemp@calysto.com

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