New HPC Installation to Deploy Asetek Liquid Cooling Solution

OSLO, Norway, Mar. 27, 2017

Asetek today announced confirmation of an order from one of its existing OEM partners for its RackCDU D2C™ (Direct-to-Chip) liquid cooling solution. The order is part of a new installation for an undisclosed HPC (High Performance Computing) customer.

"I am very pleased with the progress we are making in our emerging data center business segment. This repeat order, from one of our OEM partners, to a new end customer confirms the trust in our unique liquid cooling solutions and that adoption is growing," said André Sloth Eriksen, CEO and founder of Asetek.

The order will result in revenue to Asetek in the range of USD 300,000 for approximately 15 racks with delivery in Q2 2017. The OEM partner as well as the installation site will be announced at a later date.

About Asetek
Asetek (ASETEK.OL) 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. 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

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