Asetek A/S

Asetek Announces Names of Undisclosed OEM Partner and HPC Customer

November 15, 2016 - With reference to stock exchange notice June 22, 2016

announcing that Asetek had received an order from one of its existing OEM

partners for RackCDU D2CT (Direct-to-Chip) to satisfy an undisclosed HPC

customer installation in Europe, resulting in revenue to Asetek in the range of

$100,000 with installation expected to occur in Q3 2016:

Asetek® today announces that it is existing OEM partner Fujitsu® that has been

selected by the University of Regensburg to install Asetek InRackCDUT technology

to liquid cool one of the first Intel® Xeon PhiT based HPC clusters in Europe.

The Fujitsu® installation is a joint research project (SFB/TRR-55) with The

University of Wuppertal and Jülich Supercomputing Center.

"We appreciate that our OEM customer Fujitsu continue to deploy Asetek's liquid

cooling solution and increase end user adoption" said André Sloth Eriksen,

Founder and CEO of Asetek.

For the full press release go to www.asetek.com .

About Asetek

Asetek® (ASETEK.OL) is the global leader in liquid cooling solutions for data

centers, servers and PCs. Asetek's server products enable OEMs to offer cost

effective, high performance liquid cooling data center solutions. Its PC

products are targeted at the gaming and high performance desktop PC segments.

With over 3.5 million liquid cooling units deployed, Asetek's patented

technology is being adopted by a growing portfolio of OEMs and channel partners.

Founded in 2000, Asetek is headquartered in Denmark and has operations in

California, Texas, 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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