Liquidmetal Technologies Announces Record Number of RFQ’s for Q2 2015
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--Jul. 15, 2015--
Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the world’s
leading developer of amorphous alloys, announced continuing progress in
the rollout of its new technology with 101 RFQ’s (Request For
Quotations) received during the second quarter of 2015. This represents
an increase from 36 in the prior quarter and an increase from 4 in the
second quarter of 2014.
“This represents a significant milestone in the deployment of
Liquidmetal technology,” said Tom Steipp, President and CEO. “At this
point, we believe that we have the right resources and processes in
place to harvest sufficient quality leads every quarter, to move toward
volume production next year and ultimately break even. We recognize that
leads need to become qualified opportunities that then yield prototype
orders and ultimately production orders. This takes time and we
certainly don’t expect every RFQ to turn into a production part, but the
increase that we’ve seen in the front end of our process over the last
several quarters, is truly encouraging."
About Liquidmetal Technologies
Liquidmetal Technologies, Inc. is the leading developer of amorphous
alloys that utilize the performance advantages offered by amorphous
alloy technology. Amorphous alloys are unique materials that are
distinguished by their ability to retain a random structure when they
solidify, in contrast to the crystalline atomic structure that forms in
ordinary metals and alloys. 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. For more information, go to www.liquidmetal.com.
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Source: Liquidmetal Technologies, Inc.
Liquidmetal Technologies, Inc.
Otis Buchanan
Media Relations
1-949-635-2120
otis.buchanan@liquidmetal.com