Asetek A/S

Capital/Financing Update • Jul 24, 2019

Asetek Receives Order for New HPC Cluster

Asetek Receives Order for New HPC Cluster

Aalborg, Denmark, 24 July 2019 - Asetek today announced an order from an

existing Global Data Center OEM Partner, for an undisclosed end customer and

location.

The installation will be implemented using Asetek's OnRackCDUT liquid cooling

technology and constitutes 11 racks populated with 860 compute nodes using

Asetek's Direct-to-ChipT heat capture solution.

"This most recent order for a significant installation is yet another example of

our valued partner's continued success in deploying Asetek liquid cooling. We

are pleased with their ongoing achievements deploying Asetek technology within

their HPC offerings," said André Sloth Eriksen, CEO and founder of Asetek.

The order has a value of approximately kUSD 350 to 400 with delivery to be

completed by Q4 2019. Annual revenue guidance remains unchanged.

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: ceo@asetek.com