Asetek A/S

Regulatory Filings • Mar 27, 2017

New HPC Installation to Deploy Asetek Liquid Cooling Solution

Asetek today announced confirmation of an order from one of its existing OEM partners for its RackCDU D2C™ (Direct-to-Chip) liquid cooling solution. The order is part of a new installation for an undisclosed HPC(High Performance Computing) customer.

"I am very pleased with the progress we are making in our emerging data center business segment. This repeat order, from one of our OEM partners, to a new end customer confirms the trust in our unique liquid cooling solutions and that adoption is growing," saidAndré Sloth Eriksen, CEOand founder of Asetek.

The order will result in revenue toAsetek in the range of USD300,000 for approximately 15 racks with delivery in Q2 2017. The OEM partner as well as the installation site will be announced at a later date.

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: ceo@asetek.com