Asetek A/S

Asetek - Receives Settlement of $1.4M after Patent Infringement Lawsuit

October 20, 2015 - Asetek® announces that it has received a settlement payment

of approximately $1.4 million, which is the final payment due under the nearly

$1.9 million settlement with CoolIT Systems, Inc.

On June 15, 2015, Asetek announced that its patent infringement lawsuit against

CoolIT Systems was concluded when the United States District Court for the

Northern California on June 12, 2015 determined that CoolIT Systems must pay

damages to Asetek in the amount of approximately $1.9 million. The ruling was

not appealable by either party and Asetek announced that it expected to receive

full payment within 180 days from the date of the Court's ruling. Asetek

received an initial payment of $0.5 million from CoolIT Systems in July 2015 and

with the balance of the settlement now received, the matter is closed. The $1.4

million will be recorded in the fourth quarter 2015 financial statements.

"As part of Asetek's efforts to build and maintain market share, we have

consistently defended our portfolio of intellectual property," said André Sloth

Eriksen, Founder and CEO of Asetek. "We are pleased that our investments and

efforts yield results. Both in the form of damages amounts, but more importantly

in the form of increased revenues moving forward".

Asetek holds a substantial portfolio of intellectual property rights and patents

and the company continues to closely review and assess competitive offerings for

infringement of its patents.

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:

André S. Eriksen, Chief Executive Officer

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

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