Press Release

          -Special Edition Watch Unveiled at Prestigious Swiss Show-

TAMPA, Fla., April 3 /PRNewswire-FirstCall/ -- Liquidmetal Technologies (Nasdaq: LQMT), the leading developer and manufacturer of amorphous alloys, announced that TAG Heuer, the fourth brand in luxury watch making, is featuring high-performance Liquidmetal(R) alloy as the casing of a new special edition, state-of-the-art digital movement timepiece. The internationally renowned luxury brand watchmaker is presenting the new product during the BASEL 2003 World Watch & Jewelry Show that opened today in Basel, Switzerland.

"This merger of new material technology and legendary quality validates the superior strength, finish and performance characteristics of our revolutionary alloys," said Liquidmetal Technologies' president and CEO John Kang. "We are delighted that TAG Heuer has chosen this prestigious watch and the renowned BASEL Show to introduce Liquidmetal alloys into their product line and showcase our attributes before the world's watch and jewelry industry."

The chronograph timepiece was unveiled at BASEL as the Microtimer Concept Watch. Built upon TAG Heuer's international reputation for precision, endurance and technological innovation, it is fitted with the first Swiss electronic movement accurate to 1/1000th of a second and other complex electronics tailored to reflect the performance-driven technology of Formula One motor racing.

According to TAG Heuer officials, the selection of Liquidmetal alloys for the Microtimer exemplifies the exacting standards of technological innovation and performance established in 1860 by the watchmaker's founder, Edouard Heuer. Liquidmetal alloys are 2.5 times the strength and twice the hardness of commonly used titanium alloys, making them ideal for luxury watches and jewelry. Their properties translate into a watchcase that is both scratch and dent resistant, while at the same time provides a high gloss that can be polished to a luxurious jeweler's finish. The unparalleled ability of Liquidmetal alloys to be cast into precision net-shape parts offers additional opportunities and advantages for their application in unique and sophisticated jewelry designs. Liquidmetal Technologies began product development efforts with TAG Heuer, and its parent company, LVMH (Moet Hennessy Louis Vuitton), in 2002.

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 Revolution(TM) in material science.

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
    -0-                             04/03/2003
    /CONTACT:  Media - Otis Buchanan, +1-949-206-8020,
otis.buchanan@liquidmetal.com, or Investors - David Townsend, +1-813-314-0280
ext. 127, david.townsend@liquidmetal.com, both of Liquidmetal Technologies/
    /Web site:  http://www.liquidmetal.com /
    (LQMT)

CO:  Liquidmetal Technologies; TAG Heuer
ST:  New York
IN:  REA
SU:


KF 
-- NYTH119 --
1492 04/03/2003 13:04 EST http://www.prnewswire.com