Press Release
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LAKE FOREST, Calif.--(BUSINESS WIRE)--Feb. 9, 2005--Liquidmetal(R) Technologies Inc. (OTC:LQMT) announced today that the winter sports division of Head NV (NYSE:HED) has added a Liquidmetal line of skis to be offered for the 2005/2006 ski season.
The ultimate energy return of the Liquidmetal alloy is incorporated within a Liquidmetal(R) jacket that covers the entire length of the ski core. Given the fact that the Liquidmetal alloy does not deform on impact, combined with the torsional stability of the HEAD Intelligence(TM) technology, designers are now able to offer a ski with increased response and power. Several of HEAD's ski lines will take advantage of the Liquidmetal technology, including Thang for women, XRC skicross, Worldcup racing, All-Mountain Cruising and Monster freeride.
HEAD first incorporated Liquidmetal technology in their tennis racquets two years ago, and they were recently voted #1 in product innovation by Fortune Magazine.
About Liquidmetal Technologies
Liquidmetal Technologies, Inc., http://www.liquidmetal.com, is the leading developer, manufacturer, and marketer of products made from amorphous alloys. Amorphous alloys are unique materials that are characterized by a random atomic structure, in contrast to the crystalline atomic structure possessed by ordinary metals and alloys. Bulk Liquidmetal alloys are two to three times stronger than commonly used titanium alloys, harder than tool steel, and relatively non-corrosive and wear resistant. Bulk Liquidmetal alloys can also be molded into precision net-shaped parts similar to plastics, resulting in intricate and sophisticated engineered designs. Liquidmetal Technologies is the first company to produce amorphous alloys in commercially viable bulk form, enabling significant improvements in products across a wide array of industries. The combination of a super alloy's performance coupled with unique processing advantages positions Liquidmetal alloys for what the company believes will be The Third Revolution(TM) in material science.
About HEAD
Head NV is a leading global manufacturer and marketer of premium sports equipment. The business is organized into four divisions: Winter Sports, Racquet Sports, Diving and Licensing. HEAD sells products under the HEAD (tennis, squash and racquetball racquets, alpine skis and ski boots, snowboards, bindings and boots), Penn (tennis balls and racquetball balls), Tyrolia (ski bindings), and Mares/Dacor (diving equipment) brands.
HEAD holds leading positions in all of its product markets and its products are endorsed by some of the world's top athletes including Andre Agassi, Svetlana Kuznetsova, Anastasia Myskina, Marat Safin, Juan Carlos Ferrero, Klaus Kroll and Maria Riesch.
For more information, please visit http://www.head.com
This press release may contain "forward-looking statements" that involve risks and uncertainties, including statements regarding our anticipated financial results, as well as our plans, future events, objectives, expectations, forecasts, and the assumptions on which those statements are based. Any statement in this press release that is not a statement of historical fact is a forward-looking statement, and in some cases, words such as "believe," "estimate," "project," "expect," "intend," "may," "anticipate," "plans," "seeks," and similar expressions identify forward-looking statements. These statements involve risks and uncertainties that could cause actual outcomes and results to differ materially from the anticipated outcomes or result, and undue reliance should not be placed on these statements. These risks and uncertainties include: unforeseen events that could further delay completion of the company's ongoing audit process; pending litigation against the company and its potential outcome; our limited operating history in developing and manufacturing products from bulk amorphous alloys; the adoption of our alloys by customers; the commercial success of our customer's products; our ability to identify, develop, and commercialize new applications for our alloys; competition with suppliers of incumbent materials; the development of new materials that render our alloys obsolete; the ability to manage our anticipated growth; our limited direct experience in manufacturing bulk alloy products; scaling-up our manufacturing facilities; protecting our intellectual property; problems associated with manufacturing and selling our alloys outside of the United States; and other risks and uncertainties discussed in filings made with the Securities and Exchange Commission (including risks described in subsequent reports on Form 10-Q, Form 10-K, Form 8-K, and other filings). Liquidmetal Technologies disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
CONTACT: Liquidmetal Technologies, Lake Forest Otis Buchanan, 949-206-8020 otis.buchanan@liquidmetal.com SOURCE: Liquidmetal Technologies