Asetek A/S

ASETEK - Update to Full Year 2016 Revenue Guidance

November 18, 2016 - Asetek communicated in its third quarter 2016 report

announced 27 October 2016 that the company's expectation for full year 2016

revenue within the company's desktop segment had solidified through 2016.

Furthermore, that the company expected full year 2016 desktop segment revenue

above $43 million, equal to more than 20% revenue growth.

The company today announces that due to continued positive development within

Asetek's desktop segment, the company increases its full year 2016 desktop

segment revenue guidance from more than 20% increase over 2015 to an increase of

more than 30% over 2015, equal to above $45 million. The increase in demand is

due to higher activity within the desktop segment's do it yourself (DIY),

computer gaming and virtual reality customers.

Within its data center segment, Asetek maintains its expectation of significant

revenue growth in 2016 from $1.9m in 2015.

For further information, please contact:

André S. Eriksen, Chief Executive Officer

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

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