Asetek A/S

Business and Financial Review • Sep 11, 2018

Asetek Receives Order for New HPC Installation from Fujitsu

Asetek Receives Order for New HPC Installation from Fujitsu

Expanding beyond traditional Government and Education segments

Aalborg, Denmark, 11. September 2018 - Asetek today announced an order from

Fujitsu, a leading High Performance Computing (HPC) OEM, for a new cluster in

Asia for a global industrial customer.

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

solution and includes 22 liquid cooled racks populated by compute nodes using

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

"Fujitsu continues to expand its global HPC liquid cooling footprint with

another significant installation. We are gratified to see this ongoing success

of Fujitsu utilizing Asetek's technology, and delighted to see they are

expanding beyond the traditional Government and Education segments" said André

Sloth Eriksen, CEO and founder of Asetek.

The order has a value of approximately USD 400,000 with delivery to be completed

in Q4 2018. Annual revenue guidance remains unchanged.

About Asetek

Asetek is the global leader in liquid cooling solutions for data centers,

servers and PCs. 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 further information, please contact:

CEO and Founder André S. Eriksen

+45 2125 7076, email: ceo@asetek.com