LAKE FOREST, Calif.--(BUSINESS WIRE)--Feb. 9, 2005--Liquidmetal(R)
Technologies Inc. (OTC:LQMT) announced today that the winter sports
division of Head NV (NYSE:HED) has added a Liquidmetal line of skis to
be offered for the 2005/2006 ski season.
The ultimate energy return of the Liquidmetal alloy is
incorporated within a Liquidmetal(R) jacket that covers the entire
length of the ski core. Given the fact that the Liquidmetal alloy does
not deform on impact, combined with the torsional stability of the
HEAD Intelligence(TM) technology, designers are now able to offer a
ski with increased response and power. Several of HEAD's ski lines
will take advantage of the Liquidmetal technology, including Thang for
women, XRC skicross, Worldcup racing, All-Mountain Cruising and
Monster freeride.
HEAD first incorporated Liquidmetal technology in their tennis
racquets two years ago, and they were recently voted #1 in product
innovation by Fortune Magazine.
About Liquidmetal Technologies
Liquidmetal Technologies, Inc., http://www.liquidmetal.com, is the
leading developer, manufacturer, and marketer of products made from
amorphous alloys. Amorphous alloys are unique materials that are
characterized by a random atomic structure, in contrast to the
crystalline atomic structure possessed by ordinary metals and alloys.
Bulk Liquidmetal alloys are two to three times stronger than commonly
used titanium alloys, harder than tool steel, and relatively
non-corrosive and wear resistant. Bulk Liquidmetal alloys can also be
molded into precision net-shaped parts similar to plastics, resulting
in intricate and sophisticated engineered designs. 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. The combination of a super
alloy's performance coupled with unique processing advantages
positions Liquidmetal alloys for what the company believes will be The
Third Revolution(TM) in material science.
About HEAD
Head NV is a leading global manufacturer and marketer of premium
sports equipment. The business is organized into four divisions:
Winter Sports, Racquet Sports, Diving and Licensing. HEAD sells
products under the HEAD (tennis, squash and racquetball racquets,
alpine skis and ski boots, snowboards, bindings and boots), Penn
(tennis balls and racquetball balls), Tyrolia (ski bindings), and
Mares/Dacor (diving equipment) brands.
HEAD holds leading positions in all of its product markets and its
products are endorsed by some of the world's top athletes including
Andre Agassi, Svetlana Kuznetsova, Anastasia Myskina, Marat Safin,
Juan Carlos Ferrero, Klaus Kroll and Maria Riesch.
For more information, please visit http://www.head.com
This press release may contain "forward-looking statements" that
involve risks and uncertainties, including statements regarding our
anticipated financial results, as well as our plans, future events,
objectives, expectations, forecasts, and the assumptions on which
those statements are based. 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 include: unforeseen events that could further
delay completion of the company's ongoing audit process; pending
litigation against the company and its potential outcome; 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 customer's 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.