Liquidmetal® Commissions Advanced Amorphous Metal Molding Systems
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--Apr. 13, 2017--
Liquidmetal® Technologies, Inc. (OTCQB: LQMT; the “Company”),
announced today that it has received two hot crucible amorphous metal
molding machines (“Machines”) from the Company’s licensing partner
Eontec Ltd. These Machines allow the production of amorphous alloy parts
that are up to three times larger and one-third the cost of established
technologies. This technology complements LQMT’s well established
cold-crucible systems, which are capable of producing parts that meet
requirements for the most demanding medical and automotive applications.
The Machines are located in the Company’s new 41,000 square-foot
manufacturing facility in Lake Forest, CA., where operations are planned
to commence in the second half of this year.
“We are making excellent progress on our plans to significantly expand
our market reach and the scale of our operations. Our hot-crucible
machines provide the benefits of amorphous alloy technology to
price-sensitive applications that were previously beyond our reach,”
said Dr. Bruce Bromage, Liquidmetal’s EVP of Business Development and
Operations. “I am pleased to be able to join the technology we have
developed at Eontec with the exceptional talent and expertise within
Liquidmetal,” said Professor Li, Chairman and CEO of Liquidmetal.
About Liquidmetal Technologies
Rancho Santa Margarita, California-based Liquidmetal Technologies, Inc.
is the leading developer of amorphous alloy technologies. Amorphous
alloys are a fundamentally new material that is distinguished by the
ability to be injection molded in a single-step process with
micron-level precision to make parts with exceptional strength,
corrosion resistance and lustrous finishes. Amorphous Alloy parts
provide performance benefits for applications across a broad range of
markets. 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
