April 30, 2015 - Asetek® is pleased to announce that Jørgen Smidt, venture
partner at Sunstone Capital, has rejoined the Asetek board of directors. Smidt
served as a board member in Asetek from January 2012 to March 2013. Smidt will
replace Bengt Olof Thuresson, who has served as board member since 2013.
"I am delighted to again take active part in the development of Asetek", Smidt
comments. "I have paid close attention to the company's progress since the IPO
period and in my view, Asetek is in a good position to gain a bigger foothold in
the exiting data center business. The recent agreement with Fujitsu is a good
example of that".
Smidt adds, "Sunstone has the intention to be a long term shareholder in Asetek
and through returning to the board of directors Sunstone will actively
contribute to the development of Asetek in the years to come".
Smidt brings to Asetek more than 25 years of international operational and
business management experience from the mobile telecoms industry. He is
currently venture partner at Sunstone Capital, Asetek's largest shareholder,
where he works with a broad range of IT investments, including Asetek. His
business development expertise includes the analysis and implementation of
investment and international marketing, market positioning and communication
strategies.
Prior to joining Sunstone, Jørgen spent 13 years with Nokia as a senior manager
for different Nokia business units. During this period, Jørgen lived and worked
in many countries but ended up moving to San Francisco. Today he divides his
time primarily between San Francisco and London. Jørgen holds an engineering
degree in computer science from the Engineering College of Copenhagen.
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 two 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
Jørgen Smidt
e-mail: smidt@sunstone.eu