UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 23, 2010
(Exact name of Registrant as Specified in its Charter)
Delaware |
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000-31332 |
33-0264467 |
(State or other jurisdiction of |
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(Commission File Number) |
(I.R.S. Employer |
incorporation or organization) |
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Identification No.) |
30452 Esperanza
Rancho Santa Margarita, CA 92688
(Address of Principal Executive Offices; Zip Code)
Registrants telephone number, including area code: (949) 635-2100
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
LIQUIDMETAL TECHNOLOGIES, INC.
FORM 8-K
Item 5.02. Departure of Directors or Principal Officer; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.
On March 22, 2010, Martin Weinstein was named Vice Chairman of the Board of Directors of Liquidmetal Technologies, Inc. (the Company). See press release attached hereto as Exhibit 99.1.
On March 17, 2010, William Scott resigned as a Director of the Company. Mr. Scotts resignation was not the result of any disagreement with the Company, known to an executive officer of the Company, on any matter relating to the Companys operations, policies, or practices.
Item 9.01 Exhibits.
See the Exhibit Index set forth below for a list of exhibits included with this Current Report on Form 8-K.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunder duly authorized.
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LIQUIDMETAL TECHNOLOGIES, INC. |
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By: |
/s/ Larry E. Buffington |
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Larry E. Buffington |
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President and Chief Executive Officer |
Date: March 23, 2010
Exhibit 99.1
News Release
CONTACT: |
Otis Buchanan |
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Liquidmetal Technologies |
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949-635-2120 |
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otis.buchanan@liquidmetal.com |
MARTIN WEINSTEIN NAMED VICE CHAIRMAN, BOARD OF DIRECTORS OF LIQUIDMETAL® TECHNOLOGIES
Rancho Santa Margarita, California. March 22nd 2010-- Liquidmetal® Technologies Inc. (OTCBB: LQMT) announces today that it has named Martin Weinstein, ScD, Vice Chairman of Board of Directors.
Previous to this appointment, Dr. Weinstein served as the chairman and chief executive officer of Sequa Corporation, New York, and chairman of Chromalloy Gas Turbine Corporation, San Antonio, Texas. Chromalloy Gas Turbine Corporation, with sales of approximately $1.3 billion and six thousand employees worldwide, is the worlds largest supplier of advanced metallurgical and manufacturing services to the global gas turbine and jet engine industry. Weinstein was also a founding stockholder of Tyco Labs, which then became Tyco Corporation, where he served as head of Tycos Material Sciences Department.
In December of 2008, Martin Weinstein retired as vice chairman and CEO of Sequa and chairman of Chromalloy Gas Turbine Corporation where he remains a senior consultant to the company. He is currently the founder/owner of Sheffield Scientific, a company formed to pursue developments in advanced materials and energy.
Dr. Weinstein received his ScD in metallurgy from Massachusetts Institute of Technology, and in May of this year he will be awarded the Rensselaer Polytechnic Institute Davies Medal for Engineering Achievement.
Dr. Weinstein stated, Liquidmetal Technologies, utilizing their amorphous metal technology, has great potential to develop significant advancements in industrial and consumer materials. I look forward to working with my talented colleagues who have developed this valuable and singular technology, and bringing my many years of experience in metallurgy to build and grow Liquidmetal Technologies.
Abdi Mahamedi, Chairman of Liquidmetal Technologies, commented, Dr. Weinstein has a long history of success and extensive experience as a renowned metallurgist. We are excited to have an individual of Dr. Weinsteins caliber and accomplishments join our Board.
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 customers 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.