Asetek A/S

Repeat Order from South Korean Customer

Asetek today announced a second order from Intech, Seoul, South Korea, for its

InRackCDU D2CT (Direct-to-Chip) liquid cooling solution. The order is for

validation by an undisclosed customer of Intech.

"The magnitude of this order lies in its strategic significance. It marks yet

another step towards unlocking the full potential our partnership with Intech,

through validation of our product by one of their customers and increasing end

-user adoption of our technology," said André Sloth Eriksen, CEO and founder of

Asetek.

The order will result in revenue to Asetek in the range of USD 25,000 with

delivery in Q2 2017. It follows Intech's initial order in March for sealed loops

for USD 25,000.

Intech & Company, Inc. distributes PC and server components, EMC storage

products, and APC power supplies in South Korea. It also provides IT solutions

and services for customers. Intech is the Intel desktop and server distributor

in South Korea. The company was founded in 1981 and is based in Seoul, South

Korea. For more information, visit www.intechn.com

About Asetek

Asetek (ASETEK.OL) 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. For more information, visit www.asetek.com

For further information, please contact:

André S. Eriksen, Chief Executive Officer

Mobile: +45 2125 7076, e-mail: [email protected]

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