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Asetek A/S

Related Party Transaction Feb 24, 2015

6301_iss_2015-02-24_6580519e-8b16-4aa3-a46f-73b7f0d1c396.html

Related Party Transaction

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Asetek Announces Global OEM Purchase Agreement with Fujitsu

Asetek Announces Global OEM Purchase Agreement with Fujitsu

Fujitsu to Incorporate Asetek Liquid Cooling in its High Performance Computing

Server Product Line

February 24, 2015 - Asetek (http://asetek.com/)® announced today a global

purchase agreement with Fujitsu Technology Solutions GmbH, a leading global

server vendor. Fujitsu will incorporate Asetek's RackCDU D2CT liquid cooling

technology into its High Performance Computing (HPC) server product line.

RackCDUT enhances Fujitsu's ability to provide solutions for world-class data

center efficiency and reduced operating costs. RackCDU liquid cooling improves

data center performance by increasing energy efficiency and server density.

Asetek expects Fujitsu to launch the first products based on RackCDU in the

second quarter of 2015, and anticipates product launches involving various

server models throughout the year. In 2014, Fujitsu was cited by IDC to be the

fourth largest server vendor by revenue.

"This agreement is a significant milestone for Asetek and its stakeholders,"

said André Sloth Eriksen, founder and CEO of Asetek. "Our collaboration with

Fujitsu ushers in a new stage in the adoption of RackCDU. With its global reach

and industry position, Fujitsu is poised to drive adoption of Asetek liquid

cooling in data centers worldwide."

Asetek's liquid cooling technology provides tangible financial savings for data

centers. The typical data center today uses 40% or more of its power for cooling

and reducing power consumption is essential to achieving lower data center

operating costs. As cited in a study by Lawrence Berkeley National Laboratory, a

leading center for energy efficiency research of the US Department of Energy,

RackCDU can save over 50% of cooling power and over 21% of total data center

energy. Additionally, RackCDU's ability to increase server density by a factor

of 2.5-5x avoids the need for expensive data center build outs.

About Asetek

Asetek is the world leading provider of energy efficient liquid cooling systems

for data centers, servers, workstations, gaming and high performance PCs. Its

products are used for reducing power and greenhouse emissions, lowering acoustic

noise, and achieving maximum performance by leading OEMs and channel partners

around the globe.

Asetek's products are based upon its patented all-in-one liquid cooling

technology with more than 2 million liquid cooling units deployed in the field.

Founded in 2000, Asetek is headquartered in Denmark with offices in California,

China and Taiwan. For more information, visit http://www.asetek.com.

For further information, please contact:

Andre S. Eriksen, Chief Executive Officer

Mobile: +45 2125 7076, e-mail: [email protected]

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