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Asetek A/S

Earnings Release Jan 24, 2017

6301_iss_2017-01-24_57b71f61-ec72-4b59-a7f4-bcad4b6449d7.html

Earnings Release

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Asetek Receives Repeat Order for Implementation of RackCDU

Asetek Receives Repeat Order for Implementation of RackCDU

January 24, 2017 - Asetek® announced today confirmation of an order from one of

its existing OEM partners for its InRackCDU D2CT (Direct-to-Chip) liquid cooling

solution. The order is part of the installation for an undisclosed HPC (High

Performance Computer) customer.

"I am happy that our OEM partner continues to promote and sell our unique liquid

cooling technology to their customers. We appreciate the ongoing commitment with

them. The repeat business of this particular OEM customer marks a strategically

important moment for Asetek's emerging data center business segment," said André

Sloth Eriksen, CEO and founder of Asetek.

The order will result in revenue to Asetek in the range of $75,000 with delivery

in early Q2 2017. The OEM partner as well as the installation site will be

announced at a later date.

For further information, please contact:

André S. Eriksen, Chief Executive Officer

Mobile: +45 2125 7076 (http://tel+45%202125%207076), e-mail: [email protected]

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