Asetek A/S

Regulatory Filings • Jul 24, 2019

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 usingAsetek's OnRackCDU™ liquid cooling technology and constitutes 11 racks populated with 860 compute nodes usingAsetek's Direct-to-Chip™ heat capture solution.

"This most recent order for a significant installation is yet another example of our valued partner's continued success in deployingAsetek liquid cooling. We are pleased with their ongoing achievements deployingAsetek technology within their HPCofferings," saidAndré Sloth Eriksen, CEOand founder ofAsetek.

The order has a value of approximately kUSD350 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: CEOand Founder André S. Eriksen +45 2125 7076, email: ceo@asetek.com