Asetek A/S

Business and Financial Review • Jan 28, 2019

Asetek Receives Order for New HPC Cluster

Aalborg, Denmark, 28 Jan 2019 –Asetek today announced an order from a long time customer and established global data center OEM partner, for a new High Performance Computing (HPC) system at an undisclosed location inAsia.

This major installation will be implemented usingAsetek's RackCDU™ liquid cooling solution throughout the cluster which includes 1350 Direct-to-Chip (D2C) coolers for the cluster's compute nodes.

"We are pleased to see the continued success of our customer usingAsetek liquid cooling solutions in large scale HPCclusters around the world," said André Sloth Eriksen, CEOand founder ofAsetek.

The order has a value of approximately USD\$600,000 with delivery expected to be completed in Q1 2019.

About Asetek

Asetek is the global leader in liquid cooling solutions for data centers, servers and PCs. Founded in 2000, Asetek is headquartered in Denmark and has operations in the United States, Germany, China and Taiwan. Asetek is listed on the Oslo Stock Exchange (ASETEK.OL).

For further information, please contact:

CEOand Founder André S. Eriksen +45 2125 7076, email: ceo@asetek.com