Asetek A/S

Asetek Receives Order for New HPC Installation from Existing Global Data Center OEM Partner

Aalborg, Denmark, 24 August, 2020 - Asetek today announced a new order from a

current HPC OEM partner for a new, high-density cluster, for an undisclosed end

customer.

The order value is approximately USD 750,000 depending on final configuration,

with delivery expected to be completed in Q4 2020. Annual group revenue guidance

remains unchanged.

"We are pleased to continue to partner with this OEM to bring computationally

intensive HPC solutions to the marketplace. The selection of an Asetek-based

solution is affirmation of how Asetek's flexible and reliable solutions enable

the deployment of high wattage processors in high density configurations," said

André Sloth Eriksen, CEO and founder of Asetek.

About Asetek

Asetek, the creator of the all-in-one liquid cooler, is the global leader for

liquid cooling solutions for high performance gaming and enthusiast PCs, and

environmentally aware data centers. Founded in 2000, Asetek is headquartered in

Denmark and has operations in China, Taiwan and the United States. Asetek is

listed on the Oslo Stock Exchange (ASETEK.OL).

www.asetek.com

For further information, please contact:

CEO and Founder André S. Eriksen

+45 2125 7076, email: [email protected]

Asetek A/S

Assensvej 2

DK-9220 Aalborg East

Denmark

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