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Asetek A/S

Earnings Release Nov 30, 2015

6301_iss_2015-11-30_ad28c60d-d78b-417e-85f3-65c33c3b42a6.html

Earnings Release

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ASETEK - Update to Fourth Quarter Guidance

ASETEK - Update to Fourth Quarter Guidance

November 30, 2015

Asetek communicated in its third quarter 2015 report announced 28 October 2015

that the company expected fourth quarter 2015 group revenues in line with the

third quarter level of USD 10 million.

The company today announces that fourth quarter 2015 group revenues are likely

to exceed the record third quarter level of USD 10 million by at least 20%. The

year-over year and sequential revenue growth follows positive development within

both Asetek's desktop and data center business segments.

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]

Peter D. Madsen, Chief Financial Officer

Mobile: +1 408 813 4147 (GMT -08:00)

e-mail: [email protected]

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