InvestorsHub Logo
Followers 25
Posts 1785
Boards Moderated 0
Alias Born 04/21/2011

Re: None

Thursday, 03/31/2016 10:46:18 AM

Thursday, March 31, 2016 10:46:18 AM

Post# of 233277
Summary of Recent News & Upcoming Events


BIOMEDevice Conference San Jose, CA

December 7-8, 2016
http://biomedevicesj.mddionline.com/products#Liquidmetal-Technologies-Inc-

2016 Hannover Masse
April 25th-29th
http://www.engelglobal.com/en/at/news-press/news-press-releases/detail/news/detail/News/engel-presents-liquidmetal-at-the-2016-hannover-messe.html

Liquidmetal Technologies Raises up to $63 Million in Partnership with Global Manufacturing Firm EONTEC
-Expands Global Footprint and Product Offering-
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--March 14, 2016--
Liquidmetal(R) Technologies, Inc. (OTCQB: LQMT) ("LQMT"), the world's leading developer of amorphous alloys, announced today that it closed on a financing transaction of up to $63.4 million (initial closing occurred on March 10, 2016 in the amount of $8.4 million through the sale of equity to a private investor, with a commitment for an additional investment in the amount of $55.0 million subject to an increase in authorized shares to be approved by shareholders) . The investment was made in conjunction with a cross-licensing agreement with DongGuan EONTEC Co., Ltd. ("EONTEC"), a publicly traded company on the Shenzhen Stock Exchange (300328.sz).

EONTEC is a global manufacturing company headquartered in Hong Kong with manufacturing plants in China. It specializes in new material development, such as bulk metallic glasses and medical grade magnesium for implants. The company possesses a full set of mass production capabilities for zirconium based amorphous alloys, including material refining, tooling, and machining, surface treatment, as well as equipment and machine building capabilities for making large parts out of bulk metallic glass.

The equity investment in LQMT was made by Professor Lugee Li, who is also the Chairman and majority stockholder of EONTEC. Professor Li serves as an Analyst for the Institute of Metal Research at the Chinese Academy of Sciences and teaches at several universities in China. As part of the transaction, Professor Li was elected as a Board member of LQMT.

"EONTEC's capabilities complement LQMT's focus on production of high-performance parts, allowing LQMT to address a broad range of market opportunities from automotive, medical, and industrial customers. This partnership positions LQMT well to support design and production globally at a vastly increased pace," said Professor Li.

"This investment and partnership recognizes the significant advancements in technological and commercial capabilities that Liquidmetal has forged over the last five years. Our brand and market positions in North America and Europe are without peer," said Thomas Steipp, President and CEO at LQMT. "This financing transaction and cross-licensing agreement provides us with the platform and resources necessary to establish a global market in Liquidmetal(R) alloy solutions and to fast-track the market development of our core offerings. With this partnership, we will extend our capabilities to significantly larger parts, as well as offering substantially lower price points for some consumer markets. EONTEC and Liquidmetal each bring significant capabilities to this partnership, and we believe that result will be a much larger market that develops much more quickly," continued Mr. Steipp

Liquidmetal Technologies and C.F. Martin & Co. (R) Enter into Development Program
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--February 01, 2016--
Liquidmetal(R) Technologies, Inc. (OTCQB: LQMT), the world's leading developer of amorphous alloys and composites, has entered into a development agreement with C.F. Martin & Co. (R) (Martin Guitar) to design a guitar component to be made of Liquidmetal amorphous alloys and manufactured utilizing the Liquidmetal injection molding machine.

Under the terms of their agreement, Martin Guitar will provide its expertise in design and innovation for producing acoustic instruments that have been acknowledged to be amongst the finest in the world. In collaboration with the Liquidmetal engineering team, the companies aim to identify, design and manufacture guitar components which benefit from the unique material properties and manufacturing methods of Liquidmetal amorphous alloys.

Tom Steipp, CEO of LQMT, stated "Liquidmetal has been associated with leading, world-class companies in various markets including consumer electronics and watches. Martin Guitar has a century long history distinguished by its contributions to and innovations in stringed acoustical instruments. We are pleased to collaborate with the Martin Guitar team."

More Than 200 Guests Visit a Liquidmetal Forum at ENGEL's Customer Center in Stuttgart, Germany

RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--January 28, 2016--
Liquidmetal(R) Technologies, Inc. (OTCQB: LQMT), the world's leading developer of amorphous alloys and composites, participated in an ENGEL hosted Liquidmetal Forum at its customer center in Stuttgart, Germany on January 19th and 20th. The special event, showcasing Liquidmetal's technology and ENGEL's injection molding machine, attracted more than 100 attendees on both days of the event. Approximately 50% of the attendees were not current customers of ENGEL signifying the ability of ENGEL to attract potential new customers.

Each day started with presentations from ENGEL, Liquidmetal, and Materion describing the overall manufacturing technology, equipment, and materials. The presentations were followed by a lunch served to all attendees and an afternoon demonstration by ENGEL, where Liquidmetal parts were produced in a fully automated injection molding work cell. During the afternoon process demonstration, individual panel of expert sessions were held by ENGEL and Liquidmetal with customers who requested one-on-one time to review their specific applications of interest for the technology.

"This event was an extraordinary opportunity to introduce the technology to such an excellent list of attendees. ENGEL did a fabulous job attracting top notch customers and went through an enormous amount of work to host the event in its beautiful Customer Center in Stuttgart," said Paul Hauck, Vice President of World-Wide Sales and Marketing. "The outstanding ENGEL event confirmed we made a good choice establishing manufacturing capacity in our Rancho Santa Margarita, California Manufacturing Center of Excellence. We are ready to serve additional business in California now as we work to broaden our manufacturing reach globally through strategic partnerships."

Liquidmetal Technologies and ENGEL Host Advanced Manufacturing Symposium in Stuttgart

RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--January 19, 2016--
Liquidmetal(R) Technologies, Inc. (OTCQB: LQMT), the world's leading developer of amorphous alloys, announced today that it would be co-hosting an advanced manufacturing symposium in Stuttgart, Germany, on January 19-20, to inform product developers, production managers and managing directors in the metal and plastics processing industries about the advanced capabilities currently available and in use by Liquidmetal Technologies at its Manufacturing Center of Excellence.

"We are excited to team with ENGEL and Materion to introduce a new metals manufacturing process technology, injection molding machines, and alloys that offer customers an exciting alternative to traditional processes," said Paul Hauck, Vice President of World-Wide Sales & Marketing. "We will be participating with ENGEL and Materion to educate a collection of world-class European and global companies on the opportunities for innovative design solutions available with the Liquidmetal process."

Highlights of the 2-day Symposium:
-- Live demo of the ENGEL Liquidmetal machine with on-site production of
precision, complex parts that have incredible surface finish
-- Multiple presentations from Liquidmetal, Materion, and ENGEL explaining
the technical details behind this emerging manufacturing capability
-- Industry specific applications for Medical, Automotive, Aerospace and
more
-- Panel of experts to answer specific questions from attendees
-- Early-registration limited to 200 of the highest potential
representatives over two days

Liquidmetal Technologies Receives 2016 Production Contract
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--January 19, 2016--
Liquidmetal(R) Technologies, Inc. (OTCQB: LQMT), the world's leading developer of amorphous alloys, received an annual purchase order to produce a critical medical device component for CoNextions, a medical device developer and manufacturer. The significant order was received on heels of Liquidmetal having recently completed production tooling and the delivery of initial parts on a very aggressive timeline.

"We are thrilled to have been selected by CoNextions as a key supplier and to have the opportunity to demonstrate the capabilities of our technology and outstanding engineering and manufacturing team," said Paul Hauck, Vice President of World-Wide Sales and Marketing. "Liquidmetal was asked to complete production tooling and initial parts against a challenging schedule. Our ability to meet their demanding timeline is a reflection of what can happen through close collaboration between two companies and having highly talented and committed professionals in both organizations."

Liquidmetal Technologies Receives ISO 9001:2008 Certification

RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--January 06, 2016--
Liquidmetal(R) Technologies, Inc. (OTCQB: LQMT), the world's leading developer of amorphous alloys, received its formal ISO 9001:2008 certification, adding an important quality accreditation to the company.

"Our business has a strong commitment to ongoing quality and customer satisfaction. Receiving our ISO certification exemplifies that," said Paul Hauck, Vice President of World-Wide Sales and Marketing. "Our ISO certification will help build customer confidence in our attention to quality."

"The Liquidmetal organization did an admirable job implementing the ISO 9001 standard and passing its certification audit in an impressive 9 months," said Tom Steipp, CEO and President of Liquidmetal Technologies. "Achieving this result was no small undertaking. Every individual in the company played a critical role and it's a testament to the organization's focus on quality."

Liquidmetal Technologies Announces Pre-Production Shipment for Medical Device Component from CoNextions Medical
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--December 17, 2015--
Liquidmetal(R) Technologies, Inc. (OTCQB: LQMT), the world's leading developer of amorphous alloys, announced today it is shipping a pre-production order to CoNextions Medical for a key component to be used for suture based tendon repairs. The initial parts delivery will be used to complete various testing and will be followed by a full production shipment currently scheduled for early next year. This delivery represents the ongoing manufacturing solutions for CoNextions design efforts that are taking advantage of the Liquidmetal materials and molding technology.

Liquidmetal Technologies to Directly Sell Custom, Hybrid Knives
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--December 08, 2015--
Liquidmetal(R) Technologies, Inc. (OTCQB: LQMT), the world's leading developer of amorphous alloys, will be selling hybrid knives for a limited time on its website www.liquidmetal.com. The Liquidmetal Hybrid Knife is an innovative product that exemplifies simple elegance through its design, precision, and appearance. Manufactured using the Liquidmetal process, the hybrid knife embodies a geometry that is impractical to produce with any other metal forming process. The knife is also processed with a special anodized black finish.

"The ability of the Liquidmetal process technology to provide such a high level of part to part dimensional precision and repeatability is showcased by the precise fit of the knife blade and protector," said Paul Hauck, Vice President of World-Wide Sales and Marketing. "After more than 30 years of involvement with metal parts fabrication technologies, I have not witnessed anything like the precision of this molding technology. It's really exciting to see the results first hand in an attractive and interesting product that would make a great addition to any knife collection."

Liquidmetal Technologies Announces Production Order for an Innovative Medical Device Component from CoNextions Medical

RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--October 19, 2015--
Liquidmetal(R) Technologies, Inc. (OTCQB: LQMT), the world's leading developer of amorphous alloys, announced today that it has received a production order for an innovative medical device component.
"Our emerging partnership with medical products developer, CoNextions Medical, is demonstrating the advanced capabilities of both businesses and paving the way for the delivery of an innovative medical device." said Tom Steipp, CEO of Liquidmetal Technologies. "Our collaborative engineering design efforts have yielded a manufacturing solution for a key medical device component based on the principle values of the Liquidmetal materials and molding technology."
"CoNextions Medical current focus is on providing a superior alternative to suture-based tendon repairs. The ability to mold complex metal shapes with highly impressive material properties in a single process step, has provided an important manufacturing solution for our medical device," said Richard J. Linder, President and CEO of CoNextions Medical. "I am excited about the progress our two organizations have made together and we look forward to working with Liquidmetal Technologies."
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LQMT News