Press Release Details

ASETEK – Update to third quarter guidance and investor presentation

09/22/2015

September 22, 2015

Asetek communicated in its first half-year 2015 report announced 12 August 2015 that the company expected desktop revenues in the third quarter of 2015 to surpass second quarter 2015 desktop revenues of USD 8 million. The company today announces that it expects third quarter 2015 group revenues of approximately USD 10 million, mainly driven by its desktop business segment.

André Sloth Eriksen, CEO, is presenting at the DNB TMT opportunity investor conference 2015 in Oslo, Norway today Tuesday, 22 September. The presentation to be held is attached hereto, containing the information disclosed regarding the company’s third quarter 2015 guiding. The full third quarter 2015 financial report will be announced October 28th, 2015.

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: ceo@asetek.com