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Asetek A/S

Regulatory Filings Jun 26, 2023

6301_rns_2023-06-26_820a1beb-b0e3-47e4-9b0e-80a810b18bae.html

Regulatory Filings

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Asetek - Sim Racing Products Available at Micro Center Online and Physical Stores Across the U.S.

Asetek - Sim Racing Products Available at Micro Center Online and Physical Stores Across the U.S.

Aalborg, Denmark - June 26, 2023 -- Asetek sim racing gear innovator and Micro

Center today announced that Micro Center will sell a broad offering of Asetek

SimSports® sim racing products in its physical stores across the U.S., and

through its online store microcenter.com (https://www.microcenter.com/).

A variety of Asetek SimSports® wheels, wheelbases, pedals, and accessories are

now available through Micro Center, including the recently announced Tony Kanaan

Sim Racing products (https://www.asetek.com/press-releases/asetek-and-tony

-kanaan-co-develop-sim-racing-gear/), and premium InvictaT and high-performance

high-value Forte® offerings.

"In addition to the recently unveiled Asetek SimSports® Tony Kanaan Sim Racing

Bundle exclusively available through Micro Center, we are delighted to offer

retail availability of Asetek SimSports®  across Micro Center's 26 stores as

well as from their online store," said André Sloth Eriksen, CEO and founder of

Asetek. "Through this agreement, we are making it easier for sim racers in North

America to purchase Asetek SimSports® gear and experience the feel of real

racecar racing. These are the first exciting steps into the experimental retail

strategy mentioned at the recent first quarter 2023 presentation. Competing

retail with competitors only selling direct, poses a significant supply chain

challenge (due to the increased margin stack) but we believe we have found a

viable way with Micro Center. It is still too early to quantify the financial

impact of this strategy, but we see it as an integral part of our vision of

broadening the customer base and availability to end-users."

To learn more, visit https://www.microcenter.com/site/products/gaming.aspx. To

learn more about Asetek SimSports®, visit https://aseteksimsports.com.

About Micro Center

Founded in 1979, Micro Center is among the United State's leading information

technology, communications, and electronic device suppliers, operating twenty

-six large stores in major markets nationwide. Uniquely focused on information

technology products, Micro Center offers more computers, electronics, networking

and  communication devices (more than 30,000 items in stock) than any other

company.

https://www.microcenter.com/

About Asetek

A Danish garage-to-stock-exchange success story and global leader in mechatronic

innovation, Asetek (ASTK) designs, manufactures and sells gaming hardware for

next-level immersive gaming experiences. Founded in 2000, Asetek established its

innovative position as the leading OEM developer and producer of the all-in-one

liquid cooler for all major PC & Enthusiast gaming brands. In 2013, Asetek went

public. In 2021, Asetek expanded its offering of gaming hardware solutions when

it introduced its line of products for next-level immersive sim racing gaming

experiences. Asetek is headquartered in Denmark and has operations in China,

Taiwan and the United States.

www.asetek.com

For further information, please contact:

Peter Dam Madsen, Chief Financial Officer

Mobile: +45 2080 7200, e

-mail: [email protected] ([email protected]%3cmailto:[email protected])

or

David Pangburn, Corporate Controller

Mobile: +1 (408) 386-3031, email: [email protected]

This information is subject to the disclosure requirements pursuant to Section 5

-12 of the Norwegian Securities Trading Act. This stock exchange release was

published by Peter Dam Madsen, CFO at Asetek A/S, on June 26, 2023 at

12:00 CEST.

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