Liquidmetal® Technologies Orders First Die Cast Machine
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--Jan. 12, 2017--
Liquidmetal® Technologies, Inc. (OTCQB: LQMT), announced today
that it has ordered its first amorphous metal molding machine from its
Licensee, Eontec Co., Ltd. The machine design is based on a die casting
platform and is complementary to the injection molding machine developed
with Engel. Delivery of the machine is expected in March 2017.
Paul Hauck, Executive Vice President of Sales and Marketing, said: “The
machine technology that we are purchasing from Eontec will allow the
manufacture of larger parts, up to 300 grams, and will allow us to offer
lower cost parts made possible with larger higher-cavitation molds. The
machine capabilities from both Eontec and Engel are expected to
significantly broaden the number of possible applications across
multiple markets. In parallel to this order, our sales team is reviewing
past customer opportunities for candidate parts that could be served
with the larger capacity machine.”
About Liquidmetal Technologies
Rancho Santa Margarita, California-based Liquidmetal Technologies, Inc.
is the leading developer of bulk 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
949-635-2120
otis.buchanan@liquidmetal.com
