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Asetek A/S

Legal Proceedings Report Apr 10, 2019

6301_rns_2019-04-10_7820d6d0-1c7d-4fbf-9b33-24ebae10287f.html

Legal Proceedings Report

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Asetek Settles Intellectual Property Dispute with Asia Vital Components

Asetek Settles Intellectual Property Dispute with Asia Vital Components

Asetek A/S today announced that its subsidiary Asetek Danmark A/S and Asia Vital

Components Co. (AVC) have reached a confidential settlement agreement to resolve

their disputes.

The parties have signed a binding term sheet that, among other things, resolves

the litigation regarding Asetek U.S. Patent Nos. 8,240,362 and 8,245,764 pending

in the United States District Court for the Northern District of California and

includes an injunction that prevents AVC from selling, offering for sale, or

importing the AVC products accused of infringement in the United States.

About Asetek

Asetek is the global leader in liquid cooling solutions for gaming and

enthusiast PCs, data centers and servers. Founded in 2000, Asetek is

headquartered in Denmark and has operations in California, Texas, China and

Taiwan. Asetek is listed on the Oslo Stock Exchange (ASETEK.OL).

For questions or further information, please contact:

André S. Eriksen

CEO and Founder

+45-2125 7076

e-mail: [email protected]

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