Developers of the Golf Industry’s Most Advanced Technologies and
Applications to Use Liquidmetal Alloy to Create Innovative New
Metalwoods with Unmatched Performance
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--Dec. 5, 2012--
Liquidmetal® Technologies Inc. (LTI) (OTCQB: LQMT), the leading
developer of amorphous alloys and composites, has partnered with iGolf
Technologies, Inc., a leading original design manufacturer (ODM), to
introduce the next generation of golf club design. The clubs will
feature the “pure energy transfer” of Liquidmetal amorphous
alloy, which allows for long, forgiving shots off the tee, with more
precise overall performance.
iGolf Technologies will leverage its development group, PERFORMAX Golf &
Composite and PADERSON Composite USA, to design driver and fairway
metalwood club heads featuring a Liquidmetal alloy face. This group has
designed and manufactured some of the industry’s most innovative and
superior performing products for many of the golf industry’s most famous
brands.
LTI will manufacture the Liquidmetal club face parts, while all other
structures, including the global assembly operation, will be assembled
at PERFORMAX’s state-of-the-art manufacturing complex located in
Qingyuan, China. The complex is the manufacturing center for many of the
industry’s biggest golf club brands. The development group will then
offer their proven prototyped designs to golf club manufacturers seeking
a competitive edge in the multi-billion dollar golf equipment market.
“We couldn’t be more excited about our new development partnership with
Liquidmetal Technologies, as a material transcendence is finally within
grasp,” said Jason Horodezky, president and CTO of iGolf Technologies.
“Golf club faces designed to optimize the revolutionary Liquidmetal
alloy will absorb less energy upon impact than traditional stainless
steel or titanium clubs. This unique characteristic allows for virtually
perfect energy transfer to the ball, resulting in improved trajectory
and greater carry distance.”
The new iGolf designs will benefit from a third-generation Liquidmetal
alloy and manufacturing processes introduced by LTI earlier this year.
These advancements offer maximum performance without sacrificing
durability or strength, and thereby promising the game’s best driver and
woods.
“Experts agree that the superior hardness and elasticity of our
Liquidmetal amorphous alloy makes it the ideal material for golf clubs,”
said Tom Steipp, Liquidmetal Technologies’ president and CEO. “Given the
positive reports from PGA golfers of our previous generation of
Liquidmetal clubs, combined with Jason’s extraordinary talent for
innovative design using our third generation of Liquidmetal alloy, we’re
confident golfers using our new Liquidmetal clubs will experience a
tremendous boost to their game.”
To support the anecdotal reports, iGolf plans to scientifically
demonstrate the distance advantage of the Liquidmetal clubs through
robotic testing and publish the results in a leading trade journal.
About Jason Horodezky and the iGolf Technologies Group
As a leading golf club design engineer, with a specialty in structural
mechanics and impact dynamics, Jason Horodezky has served for more than
20 years as a strategic original equipment manufacturer (OEM) partner to
the golf equipment industry. He has built a vast, capable network of
manufacturing resources to support volume production for cutting edge
and innovative products. Horodezky has led numerous innovation and
design teams in developing a robust and dynamic array of demonstrably
superior clubhead and shaft technologies that power many of the
industry’s most unique and commercially successful products.
Horodezky also serves as vice president, CTO and managing partner of
PERFORMAX Golf & Composite, and as president, CTO and managing partner
of PADERSON Composite USA. iGolf, PERFORMAX, and PADERSON operate from a
highly instrumented and equipped 6,000-square-foot facility located in
Palm Desert, California. The facility houses essential R&D and product
performance testing faculties and serves as the U.S. corporate
headquarters of iGolf, PERFORMAX and PADERSON.
Horodezky founded iGolf Technologies to serve the OEM category directly
and as the exclusive ODM/OEM and aftermarket affiliate of PERFORMAX and
PADERSON, respectively. While strategically aligned, PERFORMAX and
PADERSON operate independently. Since 1993, PERFORMAX has been an
industry leading ODM/OEM of advanced material construction in clubheads
and technology partner to many of golf’s most famous brands.
Established in 1988, PADERSON is one of the largest ODM/OEM golf shaft
manufacturers in the world by unit volume. PADERSON is a foremost expert
in continuous fiber shaft manufacturing filament wound production. It
designs and manufactures high performance technically advanced composite
materials for its golf shafts, and remains one of the few shaft
manufacturers that produce and manufacture a significant portion of its
finished products internally.
Working in partnership with or on behalf of many of the sporting world’s
most famous brands, like HEAD Sport AG, Horodezky has been awarded more
than 12 utility patents accounting for over 50 patent numbers worldwide
(USPTO, PCT States and Taiwan). Most notable was the IP developed
exclusively for HEAD Technology GmbH, leading to the issuance of U.S.
Patent No. 7,780,535 entitled, "Method and Apparatus for Active
Control of Golf Club,” which covers a method and apparatus for actively
controlling the impact between a club head and a golf ball.
Liquidmetal Technologies
Rancho Santa Margarita, California-based Liquidmetal Technologies, Inc.
is the leading developer of bulk alloys and composites 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.
Source: Liquidmetal Technologies, Inc.
Liquidmetal Technologies, Inc.
Otis Buchanan
Media Relations
949-635-2120
otis.buchanan@liquidmetal.com
or
Liolios
Group, Inc.
Matt Glover or Michael Koehler
Investor Relations
949-574-3860
LQMT@liolios.com
