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Asetek A/S

Regulatory Filings Feb 10, 2015

6301_iss_2015-02-10_450bd96a-de58-4231-bb0b-764a0e4b1df9.html

Regulatory Filings

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Asetek Selected for $3.5M USD Project for Two Major California Data Centers

Asetek Selected for $3.5M USD Project for Two Major California Data Centers

California Energy Commission to fund the projects. Energy and Cost Savings Data

to be Made Publicly Available

February 10, 2015 - Asetek® announced today that it has been selected by the

California Energy Commission (CEC) to perform a $3,552,678 project to install

RackCDU D2CT (Direct-to-Chip) liquid-cooling in two large scale, super computing

data centers in California.  The project will include installation of RackCDU in

approximately 90 racks of servers and the addition of RackCDU D2C liquid cooling

to servers from multiple OEMs. Additional monitoring equipment will be installed

to track energy-savings, cost-savings and computational performance over a

period of 12-months following system installation.  Results will be published

through a CEC report to be released following project completion.

"This project is evidence of Asetek's momentum in the data center and

supercomputing segments and further validates the value of Asetek's direct-to

-chip liquid cooling for high performance and high utilization data centers,"

said André Sloth Eriksen, Founder and CEO of Asetek.

Funding for this project is to be provided through California's Electric Program

Investment Charge (EPIC) Program, managed by the CEC.  Asetek was selected from

seven data center projects through a multi-phase competitive bidding process.

The project start-date is anticipated to be July 1, 2015.  The duration of the

project is expected to be 24 months with hardware installed in two phases, in

month 6 and month 13.

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:

Andre S. Eriksen, Chief Executive Officer

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

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