RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--Liquidmetal Technologies, Inc. (OTCQB: LQMT), the world s leading developer of amorphous alloys, announced today that it appointed a new director, Walter Weyler, to the Board of Directors. Mr. Weyler is an independent director under the rules of the NASDAQ Stock Market.
We are very excited to add someone with Walter s unique experience, talent and proven track record in our industry to the Board
We are very excited to add someone with Walter s unique experience, talent and proven track record in our industry to the Board, said Abdi Mahamedi, Chairman of the Board. His operational background as a Vice President at General Electric, his public company experience as President, COO, and Board member with Graco, Inc. (NYSE: GGG), and most recently, hisentrepreneurialexperience as the owner and CEO of the startup, Kinetics, a pioneer in Metal Injection Molding (MIM) arena, will provide our board with a unique perspective on the opportunities here at Liquidmetal.
During my earlier tenure as a member of the Liquidmetal Technology Advisory Board, I was able to observe and analyze the current situation at Liquidmetal, in some detail. Having grown Kinetics from $1 to $11M, I have first-hand knowledge with selling, manufacturing, and expanding a business with many of the same success parameters, said Mr. Weyler. I have been impressed with the quality of the team, the technology, and the opportunity to grow this business. I look forward to joining the Board and contributing to the success of the company.
About Liquidmetal Technologies
Liquidmetal Technologies, Inc. is the leading developer of amorphous 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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