Asetek A/S

Regulatory Filings • Nov 16, 2017

Asetek Receives Order from Fujitsu to Cool Japan's Fastest AI Supercomputer System

November 16, 2017Asetek today announced a new order from existing OEM partner Fujitsu for the National Institute ofAdvanced Industrial Science and Technology (AIST). The order for Asetek RackCDU D2C™ (Direct-to-Chip) liquid cooling will be used at the AI Bridging Cloud Infrastructure (ABCI) cluster, set to become the fastest supercomputer system in Japan.

"We are pleased to continue our collaboration with Fujitsu as data centers around the world cooled by Asetek's technology set performance records," said André Sloth Eriksen, CEOand founder ofAsetek. "This order is another example of our ability to increase end-user adoption with existing OEM partners and to expand our leading position in the HPCsegment."

The order has a value of USD975,000 with delivery to be completed in Q4 2017. This order is anticipated in the 2017 revenue guidance.

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: André S. Eriksen, Chief Executive Officer Mobile: +45 2125 7076, e-mail: ceo@asetek.com