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Asetek A/S

Earnings Release Jun 15, 2018

6301_rns_2018-06-15_0ca316b0-e004-4a97-963e-350968c4254a.html

Earnings Release

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Asetek - Update to Q2 and Full Year 2018 Desktop Revenue Guidance

Asetek - Update to Q2 and Full Year 2018 Desktop Revenue Guidance

June 15, 2018 - Asetek communicated in its first quarter 2018 report announced

25 April 2018 that the company expected revenue growth in the second quarter of

2018 for the desktop segment to exceed 50% over the same period in 2017, and

that full year 2018 desktop revenue growth was expected to in the range 10% to

20% over 2017.

The company today announces that due to continued positive development within

Asetek's desktop segment, the company has increased its second-quarter desktop

segment revenue-growth expectation to at least 75% over the same period in 2017.

The full year 2018 desktop segment revenue growth guidance has been increased to

between 15% and 25% over 2017.

Demand for Asetek's desktop products was positively affected in the second

quarter of 2018 by strong demand in gaming and e-sports combined with successful

launches of new desktop products and partners, and subsequent shipments to stock

the distribution chain.

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 California, Texas, China and Taiwan. Asetek is listed on the Oslo

Stock Exchange (ASETEK). For more information, visit www.asetek.com

For further information, please contact:

CEO and Founder André S. Eriksen

+45 2125 7076, email: [email protected]

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