Asetek A/S

Regulatory Filings • Sep 11, 2018

Asetek Receives Order for New HPC Installation from Fujitsu

Expanding beyond traditional Government and Education segments

Aalborg, Denmark, 11. September 2018 –Asetek today announced an order from Fujitsu, a leading High Performance Computing (HPC) OEM, for a new cluster inAsia for a global industrial customer.

The installation will be implemented usingAsetek's RackCDU™ liquid cooling solution and includes 22 liquid cooled racks populated by compute nodes usingAsetek's Direct-to-Chip™ heat capture technology.

"Fujitsu continues to expand its global HPCliquid cooling footprint with another significant installation. We are gratified to see this ongoing success of Fujitsu utilizingAsetek's technology, and delighted to see they are expanding beyond the traditional Government and Education segments" saidAndré Sloth Eriksen, CEOand founder ofAsetek.

The order has a value of approximately USD400,000 with delivery to be completed in Q4 2018. Annual revenue guidance remains unchanged.

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.OL).

For further information, please contact:

CEOand Founder André S. Eriksen +45 2125 7076, email: ceo@asetek.com