Press Release

LAKE FOREST, Calif., Feb 24, 2004 (BUSINESS WIRE) -- Liquidmetal(R) Technologies (NASDAQ:LQMT) today announced that Samsung Electronics is utilizing high-strength Liquidmetal(R) alloys for the hinge housings of its new SCH-X850 mobile phone.

The SCH-X850 is the latest in a growing line of Samsung cell phone models featuring the revolutionary material in this critical-performance application. Like other Samsung phones featuring Liquidmetal alloy hinge components, the SCH-X850 is a high-end flip-design phone featuring state-of-the-art multi-media features, including camera and advanced graphics functionality, which require more complex circuitry in the handset and place greater demands on the performance of internal structural components.

Liquidmetal alloys are revolutionary materials that are two-to-three times stronger than titanium but can be molded into precision cast parts. Hinge components made with other, lower-strength metals have less resilience to impact from dropping or the daily wear-and-tear of repeated flip-phone action--factors that can cause a hinge housing to "deform" and impede the smooth action of the hinge. Liquidmetal alloys, on the other hand, have superior yield strength and elasticity, properties that resist deformation and provide exceptional durability. In addition, structural parts made from Liquidmetal alloys can be die cast to exceptionally thin profiles while maintaining their superior strength, allowing more space inside the phone to accommodate new technology--an important advantage for product designers challenged with incorporating ever-increasing functionality and durability into ever-smaller personal communication devices.

About Liquidmetal Alloys

Liquidmetal(R) alloys are a product of Lake Forest, California-based Liquidmetal Technologies, Inc. (Nasdaq:LQMT), the leading developer of coatings, powders, 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 atomic 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 additional product and marketing contact information, please visit the Liquidmetal Technologies website at www.liquidmetal.com, or direct phone inquiries to Liquidmetal Technologies-Marketing at 949-206-8021.

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.

SOURCE: Liquidmetal Technologies

Liquidmetal Technologies, Lake Forest
Media
Otis Buchanan, 949-206-8020
otis.buchanan@liquidmetal.com
or
Investors
David Townsend, 813-314-0280
david.townsend@liquidmetal.com

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