ASETEK – Additional OEM Business Secured Through 2016

November 6, 2013 – Following on to the stock exchange release dated November 5, Asetek today announced that another of its OEM (Original Equipment Manufacturer) customers has decided to continue using sealed loop liquid coolers in an upcoming refresh of an existing PC line and has awarded Asetek the business. As was the case with yesterday’s announcement, Asetek will continue with shipments for the current line through, and likely beyond, the ramp of the refresh. Asetek expects to start shipments for this refresh in Q4 2014 with shipments continuing through 2016. This product has historically represented 50% of Asetek’s OEM business. 

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 1.5 million liquid cooling units deployed in the field. Founded in 2000, Asetek is headquartered in Aalborg, 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: +1 408 398 7437, e-mail: ceo@asetek.com