Press Release Details

ASETEK Executes MOU with Major Defense Systems Integration Prime Contractor

10/23/2013

October 23, 2013 – Asetek today announced that it has executed a Memorandum of Understanding (MOU) with a major defense systems integration prime contractor. This MOU provides the foundation for a master services agreement with the prime contractor to provide sales, integration and installation services on RackCDUTM for U.S. Department of Defense (DoD), other government agencies and commercial installations.

The prime contractor provides numerous building efficiency solutions and energy performance contracts across the federal sectors. Energy savings performance contracts (ESPCs) make it easy for companies to implement energy saving technologies by eliminating the associated up-front capital expense. Asetek’s RackCDU solution provides compelling energy savings and fits well with the prime contractor’s ESPC offering. The prime contractor also services a large commercial customer base for energy efficiency solutions, providing an expanded market opportunity for Asetek’s RackCDU.    

About RackCDU

RackCDU is Asetek’s innovative hot water, direct-to-chip, data center liquid cooling technology, which removes heat from CPUs, GPUs, memory modules and other hot spots within the servers with an all-liquid path and rejects it into ambient outdoor air without chilling. This enables cooling savings in excess of 50%, density increases of 2.5x to 5x, and recovery of all the server energy removed by RackCDU for reuse in facility heating and cooling. Visit Asetek.com to read more about Asetek’s data center liquid cooling solutions.

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