Asetek A/S

Regulatory Filings • Jun 22, 2016

Asetek Continues Market Moment with Latest Order for RackCDU

Asetek Continues Market Moment with Latest Order for RackCDU

June 22, 2016 - Asetek® announced today that it has received an order from one

of its existing OEM partners. The order for RackCDU D2CT (Direct-to-Chip) is to

satisfy an undisclosed HPC customer installation in Europe. The order will

result in revenue to Asetek in the range of $100,000 with installation expected

to occur in Q3 2016. The OEM partner as well as the installation site will be

announced at a later date.

"Although this particular order is small, the strategic value of repeat business

is big," said André Sloth Eriksen, Founder and CEO of Asetek. "We appreciate

that one of our existing OEMs has placed a repeat order to provide our liquid

cooling technology to an HPC customer that appreciates our offering."

For further information, please contact:

André S. Eriksen, Chief Executive Officer

Mobile: +45 2125 7076, e-mail: ceo@asetek.com