Asetek A/S

Regulatory Filings • May 9, 2017

Asetek Wins Two Data Center Orders From OEM Partner Valued at One Million USD

Asetek today announced two orders from one of its existing OEM partners for its RackCDU D2C™ (Direct-to-Chip) liquid cooling solution. The orders have a combined value of approximately one million USD.

The orders are for two separate undisclosed HPC(High Performance Computing) installations. One of the installations has purchasedAsetek's technology previously and is now moving into phase 2 deployment. The second installation is deployingAsetek's technology for the first time.

"The strategic value of repeat orders is significant for our emerging data center business. The awards are in line with our goal of increasing end-user adoption with existing OEMs and confirms our ability to leverage our leading position in the HPCsegment to reach new end-users," saidAndré Sloth Eriksen, CEOand founder ofAsetek.

Delivery of these orders is spread over the late Q2 and early Q3 timeframe.

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