Asetek A/S

Asetek to Supply Liquid Cooling Solutions to Global Server OEM

Aalborg, Denmark, 31 January 2020 - Asetek today announced that its InRackCDUT

Rack level direct to chip (D2C) liquid cooling solution has been chosen by a

global Server OEM for an upcoming refresh of an existing server product platform

targeting the HPC segment.

The servers will be offered worldwide by the undisclosed OEM to HPC data center

customers with the option to use Asetek's liquid cooling. Market release is

expected before year-end 2020. Asetek will support the OEM with final product

integration and testing.

"This is the company's first ever design win with a true global server OEM and

an important and significant step in maturing our data center business. Energy

efficiency, density and waste heat recovery is increasingly on the agenda and

now we will be able to reach a broad range of end-customers worldwide," said

André S. Eriksen, CEO and Founder of Asetek. "The design win is in line with our

long-term strategy of increasing end-user adoption through new and existing

OEMs."

A server product platform is typically upgraded every 18 to 24 months. Early

estimates indicate a revenue potential of USD 4 to 5 million over the course of

the product life. Asetek plans to provide further information about the OEM

customer and product platform at time of market release.

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]

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