Liquidmetal appoints Tony Chung to the Board of Directors, Announces Transition in Principal
Financial Officer Role
Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the leading developer of amorphous alloy technologies, elected Mr. Tony
Chung as a director of the Company. In connection with his appointment to the Board of Directors, Mr. Chung resigned as Chief
Financial Officer of the Company, and Mr. Bryce Van, former Corporate Controller, was appointed as Vice President of Finance and
will serve as the Company’s principal financial and accounting officer.
Mr. Chung served as Liquidmetal’s Chief Financial Officer for nearly 10 years. During this time, he served a critical role in
ensuring that the Company had adequate funding for operations and helped lead the Company to fulfill its vision as the leader of
amorphous alloy technology.
“Tony’s expertise in the legal and financial realms has helped propel the Company for many years. We value his experience and
are delighted to know that he will continue to contribute to Liquidmetal’s future success as a member of our Board of Directors,”
said Professor Lugee Li, Chairman and CEO.
“Now that the Company has a secure financial foundation, the time is right for me to transition to our Board of Directors,
allowing me to spend more time with my family and on other meaningful ventures. But I remain fully committed to realizing the
uncommon potential of Liquidmetal. I look forward to greeting our customers and investors at our upcoming Open House on October 17
as a member of our Board of Directors,” said Mr. Chung.
Bryce Van has been a key member of Liquidmetal’s leadership team, serving as Corporate Controller for the last four years.
“Bryce has impressed me with his understanding of the strong financial discipline we need for the next phase of our Company’s
development: Growing revenue and generating profits. I have great confidence in him,” said Professor Li.
About Liquidmetal Technologies
Lake Forest, California-based Liquidmetal Technologies, Inc. is the leading developer of products manufactured with bulk
amorphous alloys. Amorphous alloys are unique materials that are distinguished by their ability to be injection molded and die cast
into high performance applications from a broad range of markets. For more information, go to www.liquidmetal.com.
Forward-Looking Statement
This press release contains "forward-looking statements," including but not limited to statements regarding the advantages of
Liquidmetal's amorphous alloy technology, scheduled manufacturing of customer parts and other statements associated with
Liquidmetal's technology and operations. These statements are based on current expectations of future events. If underlying
assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results could vary materially from Liquidmetal's
expectations and projections. Risks and uncertainties include, among other things; customer adoption of Liquidmetal's technologies
and successful integration of those technologies into customer products; potential difficulties or delays in manufacturing products
incorporating Liquidmetal's technologies; Liquidmetal's ability to fund its current and anticipated operations; the ability of
third party suppliers and manufacturers to meet customer product requirements; general industry conditions; general economic
conditions; and governmental laws and regulations affecting Liquidmetal's operations. Additional information concerning these and
other risk factors can be found in Liquidmetal's public periodic filings with the U.S. Securities and Exchange Commission,
including the discussion under the heading "Risk Factors" in Liquidmetal's 2016 Annual Report on Form 10-K.
Liquidmetal Technologies, Inc.
Otis Buchanan
Media Relations
949-635-2120
otis.buchanan@liquidmetal.com
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