Press Release

 TAMPA, Fla.--(BUSINESS WIRE)--May 7, 2003--

     A New Standard In Materials Technology Hits The Playing Field

The leading manufacturer of baseball sports equipment, Rawlings Sporting Goods Company, Inc, an Official Supplier to Major League Baseball for over 30 years, has teamed with Liquidmetal(R) Technologies (NASDAQ:LQMT) to introduce a new standard in high-performance materials to the world of baseball products.

At its 2003 global marketing and product launch meeting held May 1 in St. Louis, Rawlings unveiled a new line of baseball bats featuring Liquidmetal Pure Energy TransferTM technology that are scheduled to hit retail outlets in early Fall 2003. Hailed as "the future of bats" to Rawlings sales and marketing teams at the annual meeting, the product group will feature a full line of Rawlings(R) Liquidmetal (R)bats--adult and youth baseball as well as women's fast-pitch softball--targeted to a batting market estimated at $300 million in the U.S. alone.

Taking advantage of Liquidmetal Technologies' proven history in high-performance coatings, Liquidmetal engineers and Rawlings designers worked with numerous product variations to develop a baseball bat that would offer superior durability while dramatically reducing the energy loss experienced with other materials upon impact with the ball. The revolutionary Liquidmetal technology is currently exclusive to Rawlings for baseball and softball bats.

According to Stan Lippelman, Rawlings' Vice President of Marketing, Research and Development, "Today's Rawlings is about excitement and performance, and the Liquidmetal(R) bat's pure energy transfer delivers a new dimension of power behind the plate. It is truly a revolutionary product and an exciting new entry to our line-up."

Peter Thomson-Smith, Vice President-Sports and Leisure Products for Liquidmetal Technologies, said, "This is a defining event for Liquidmetal Technologies in the high-profile realm of sports products. We are delighted that our first launch of the year introduces Liquidmetal technology with such style and great brand visibility."

About Liquidmetal Technologies

Liquidmetal Technologies (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 (R)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, 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 RevolutionTM in material science.

About Rawlings Sporting Goods Company, Inc.

Rawlings is a leading marketer and manufacturer of baseball equipment and other sporting goods in the United States. Rawlings is the official baseball of Major League Baseball and the NCAA(R) baseball championships. Over half of Major League players use a Rawlings' glove, including such stars as Derek Jeter, Alex Rodriguez, Ken Griffey, Jr., Randy Johnson, Troy Glaus, Torii Hunter, Shawn Green, Jim Edmonds, Mike Piazza, Nomar Garciaparra, Barry Zito, Jorge Posada and Pedro Martinez. Rawlings is also the official basketball for the NAIA, NJCAA, AAU and many other organizations, as well as official football of the NAIA. Rawlings is the official basketball, football, baseball, softball, volleyball and soccer ball of the National High School Federation.

This press release may contain "forward-looking statements" that involve risks and uncertainties, including statements regarding our plans, future events, objectives, expectations, forecasts, or assumptions. 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 may include: 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(R) Technologies
             Media
             Otis Buchanan, (949) 206-8020
             otis.buchanan@liquidmetal.com
             or
             Investors
             David Townsend, (813) 314-0280 ext. 127
             david.townsend@liquidmetal.com

    SOURCE: Liquidmetal(R) Technologies