SAN JOSE, Calf. April 15, 2008 Asetek today announced that they are named a Winner of the Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) who positioned to grow at an explosive rate.

"We are pleased to be selected to this elite group of companies”, said André Eriksen, Asetek’s CEO, “Premiere computer OEMs worldwide have also recognized the dramatic value that we provide with our advanced liquid cooling technology. It will not change the way in which we are shaping our business, but it sure is a comforting thought that we receive the same award which has previously been presented to E-Bay, Google and Skype".

"This year’s impressive list of submissions from companies demonstrates Europe’s growing role as a major center of innovation in the global technology sector,” said Red Herring Editor-in-Chief Joel Dreyfuss. “The exceptional accomplishments of European technology startups and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem.

Red Herring’s editorial staff rigorously evaluated several hundred private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

Red Herring will honor the Red Herring 100 Europe Finalist companies at its Red Herring Europe 2008 event on April 14-16, at the Westin Dragonara Resort, Malta.

About Asetek 
Founded in 2000, Asetek is the world leading system thermal and acoustic management solution provider. Specialized designs incorporating liquid-cooling, vapor phase or vapor chamber technologies are utilized in providing OEM design solutions. These solutions are designed for applications where end-users demand exceptional performance, low noise and maximum reliability. Asetek’s strong brand name products such as VapoChill® and WaterChill™ are often the favorite choice of enthusiast grade cooling solutions having obtained more than 200 international press awards in the past decade.

Asetek is headquartered in Denmark with offices in San Jose, California and Asia. Asetek works actively with leading-edge companies within the industry to ensure cost effective thermal performance, low acoustic noise and system reliability is achieved. For more information, please visit www.asetek.com.  

About Red Herring

Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe.  Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.