Asetek A/S

Regulatory Filings • May 4, 2018

Asetek Receives Follow-on Order From Penguin Computing

Asetek Receives Follow-on Order From Penguin Computing

Aalborg, Denmark, 4 May 2018 - Asetek today announced a further order from

Penguin Computing, an established data center OEM, for further build-out of an

undisclosed U.S. Department of Energy High Performance Computing (HPC)

installation.

Today's follow-on order includes Asetek's RackCDUT Direct-to-Chip (D2C) liquid

cooling solution and D2C coolers and loops for OCP-based TundraT RelionT nodes

using both NVIDIA®'s P100 GPU accelerators and Intel® Xeon® ES-2600 processors.

The order has a value of USD 230,000 with delivery to be completed in Q3 2018.

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:

CEO and Founder André S. Eriksen

+45 2125 7076, email: ceo@asetek.com