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Asetek A/S

Business and Financial Review Oct 13, 2015

6301_iss_2015-10-13_2e50d6c1-ffa3-42df-b19c-717f42a2f9ad.html

Business and Financial Review

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Asetek - Receives Order for Largest Server Installation to Date

Asetek - Receives Order for Largest Server Installation to Date

October 13th, 2015 - Asetek® announced today that it has received a purchase

order for its RackCDUT data center liquid cooling system placed by an

undisclosed Original Equipment Manufacturing (OEM) partner. The order for 21

RackCDU with Direct-to-ChipT cooling loops is to satisfy an undisclosed OEM

customer installation. Both the OEM and the end user will be announced when the

information becomes public.

Asetek expects future orders with this customer to result in more than 100

RackCDU with cooling loops for more than 6,000 compute nodes within the first 12

months of production and over 300 RackCDU within the first 3 years of

production. The order and OEM relationship is anticipated to result in between

$1.0M and $1.5M of revenue within the first 12 months. Production to fulfill the

order is expected to start within the next few months.

"We are excited about the opportunity to demonstrate our capabilities on such a

large scale," said André Sloth Eriksen, Founder and CEO of Asetek. "Although

this is just the first order, it is a strong validation of our value proposition

to data centers worldwide."

About Asetek

Asetek is the world leading provider of energy efficient liquid cooling systems

for data centers, servers, workstations, gaming and high performance PCs. Its

products are used for reducing power and greenhouse emissions, lowering acoustic

noise, and achieving maximum performance by leading OEMs and channel partners

around the globe.

Asetek's products are based upon its patented all-in-one liquid cooling

technology with more than 2 million liquid cooling units deployed in the field.

Founded in 2000, Asetek is headquartered in Denmark with offices in California,

China and Taiwan. For more information, visit http://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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