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Asetek A/S

Legal Proceedings Report Dec 18, 2014

6301_iss_2014-12-18_7d67211b-b3d0-4441-98bb-816d17a21fac.html

Legal Proceedings Report

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Asetek Announces Significant Victory in Intellectual Property Lawsuit

Asetek Announces Significant Victory in Intellectual Property Lawsuit

December 18, 2014 - Asetek announced today that on Wednesday, December 17, 2014,

a jury in the United States District Court for the Northern District of

California unanimously ruled in favour of Asetek on all claims in its patent

infringement suit against CMI USA, Inc. ("CMI," formerly known as Cooler Master

USA, Inc.).

The jury determined that, since 2012, CMI has been infringing Asetek's U.S.

Patent No. 8,240,362.  After trial began, CMI stipulated to infringement of

Asetek's U.S Patent No. 8,245,764. The jury awarded Asetek damages of $404,941

(a royalty of 14.5%) based on CMI's infringing sales since 2012. The trial judge

is expected to soon set a hearing on Asetek's request for an injunction against

CMI.

"Although it is frustrating to have spent significant time and resources in a

courtroom, it is rewarding to be vindicated in this way," said André Sloth

Eriksen, Founder and CEO of Asetek. "We appreciate the value of competition, but

it must be done on equal terms. We will not accept anyone blatantly copying the

patented solutions that we have worked so hard to bring into the market". He

continues; "Seen in the perspective of our future growth plans, especially in

the data center segment, we cannot underestimate the significance of a solid

portfolio of patents."

Asetek continues to litigate other patent infringement cases against CoolIT

Systems and AVC (Asia Vital Components), which involve the same two Asetek

patents as the CMI case. Asetek also continues to monitor the market for other

infringement issues.

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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