Asetek A/S

Regulatory Filings • Oct 31, 2017

Asetek Announces NEC Corporation as New Data Center OEM Partner

Asetek Announces NEC Corporation as New Data Center OEM Partner

October 31, 2017 - Asetek (ASETEK.OL) today announced NEC Corporation as a new

data center OEM partner. NEC Corporation, through its subsidiary NEC Fielding,

Ltd., will deploy Asetek RackCDU Direct-to-ChipT liquid cooling at a new HPC

(High Performance Computing) installation in Japan. Asetek has already begun to

make shipments in support of this installation. This follows the

announcement (http://www.asetek.com/press-room/news/2017/asetek-announces-new

-oem-channel-partner-and-hpc-installation/) of an undisclosed OEM partner on

August 7th, 2017.

"We are pleased to work with NEC on this project and look forward to further

collaboration in the future," said John Hamill, Asetek Chief Operating Officer.

"Partnering with leading OEMs such as NEC is a cornerstone of our strategy to

develop the emerging data center market."

"Liquid cooling technology is becoming a key supercomputer component. Asetek's

direct-to-chip technology enables more effective cooling and increased

computational performance in high density HPC clusters, adding value for our end

-users," said Noritaka HOSHI, (Senior Manager), NEC Corporation.

Asetek RackCDU D2C is a hot water liquid cooling solution that captures between

60% and 80% of server heat, reducing data center cooling cost by over 50% and

allowing 2.5x-5x increases in data center server density. Learn more at

www.asetek.com (http://www.asetek.com/data-center/oem-data-center-coolers/).

About NEC Corporation

NEC Corporation is a leader in the integration of IT and network technologies

that benefit businesses and people around the world. By providing a combination

of products and solutions that cross utilize the company's experience and global

resources, NEC's advanced technologies meet the complex and ever-changing needs

of its customers. NEC brings more than 100 years of expertise in technological

innovation to empower people, businesses and society.  For more information,

visit NEC at http://www.nec.com.

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 questions or further information, please contact:

CEO and Founder André S. Eriksen,

+45 2125 7076, email: ceo@astek.com