MUNTERS RECEIVES DOUBLE DATA CENTER COOLING ORDER

Munters Group (MTRS), a global leader in energy efficient air treatment and climate solutions, has received two significant orders in Europe with a combined value of approximately MSEK 450.

Munters announced today that it received two significant orders to provide cooling solutions for two Facebook data centers in Europe. The total value of the combined orders is approximately MSEK 450 depending on the final selection of options and on-site services. Having previously supplied the first two phases of Facebook’s project in Clonee, Ireland and the first phase of their more recent development in Odense, Denmark, Munters’ scope will be to deliver Oasis™ Indirect Evaporative Cooling units into phase 3 of Clonee and phase 2 of Odense, Denmark. Revenue from the two orders is expected to be recognized over the period December 2017 to June 2018.

Facebook data centers are amongst the most advanced and energy efficient in the world, and both facilities are powered by 100% renewable energy. The Odense Data Center will also have the infrastructure needed to capture the excess heat generated by the servers and recycle it into the local district heating system operated by Fjernvarme Fyn. When complete, the heat recovery infrastructure is expected to recover up to 100,000 MWh of energy per year, which could produce enough heat to warm up to 6,900 homes.

“We are proud to have won our largest order ever in Munters´ history for the delivery of customized climate solutions for our clients´ mission critical operational environment. The polymer tube heat exchanger concept was invented by Munters some 10 years ago. Since then we have worked on various iterations of the design, achieving ever greater levels of efficiency and reliability. Munters has been at the forefront of a technology shift in the data centre market, with indirect evaporative cooling enjoying exponential growth, as it gradually replaces the old compressor-based cooling technologies, says Neil Yule, President of Munters Data Center Business Area.

For more information:
John Peter Leesi, CEO Munters Group
Phone: +46 8 626 63 01

John Womack, Head of Investor Relations
Phone: +46 70 678 24 99

This information is information that Munters Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 07.00 CET on 6 November 2017.

About Munters Group

Munters is a global leader in energy efficient air treatment and climate solutions. Using innovative technologies, Munters creates the perfect climate for customers in a wide range of industries, the largest being the food, pharmaceutical and data center sectors. Munters has been defining the future of air treatment since 1955. Today, around 3,500 employees carry out manufacturing and sales in more than 30 countries. Munters reported annual net sales in 2016 of SEK 6 billion and is listed on Nasdaq Stockholm. For more information, please visit www.munters.com.