Asetek Receives Two Incremental Orders in Support of US Department of Energy Labs Cluster Installations

OSLO, Norway, July 28, 2017

The orders have a combined value of approximately USD 280,000 with delivery expected in September 2017.

"The awards through our OEM partner Penguin, comes after months of uncertainty surrounding DOE budgets due to the new administration in the USA. They are in line with our goal of increasing end-user adoption with existing OEMs and confirm our ability to expand our leading position in the HPC segment," said André Sloth Eriksen, CEO and founder of Asetek.

The orders are a continuation of the partnership between Penguin and Asetek in support of a number of DOE National Laboratories implementing Asetek's RackCDU D2C liquid cooling technology in Penguin's Tundra Extreme Scale (ES) HPC server product line. RackCDU direct-to-chip hot water liquid cooling enhances Penguin's ability to provide HPC solutions with extreme energy efficiency and higher rack cluster densities. 

About Asetek

Asetek 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 (ASETEK.OL).

For questions or further information, please contact:
André S. Eriksen 
CEO and Founder
email: ceo@astek.com
+45-2125-7076