Press Release
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LAKE FOREST, Calif.--(BUSINESS WIRE)--Aug. 11, 2005--Liquidmetal(R) Technologies Inc. (OTC:LQMT) has entered into an agreement with Thales Avionics, Inc. to produce the passenger controller housing for their in-flight entertainment system called TopSeries. The controllers will initially be installed in the premier and first class cabins of a major world airline. The agreement represents Liquidmetal Technologies first step into the commercial airline in-flight entertainment market. John Kang, Chairman and CEO of Liquidmetal Technologies, commented "This is yet another point of validation we are starting to experience as we are once again selected for our unique performance characteristics."
Thales is a leading manufacturer of in-flight entertainment systems, cockpit and cabin electronics. The company serves the global aerospace market.
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 Technologies Inc., Lake Forest Otis Buchanan, 949-206-8020 otis.buchanan@liquidmetal.com SOURCE: Liquidmetal Technologies Inc.