Lugee Li to Head Liquidmetal Asia Holdings

By: Liquidmetal Technologies, Inc. via Business Wire

May 29, 2025 at 16:30 PM EDT

Liquidmetal® Technologies, Inc. (OTCQB: LQMT), On May 28, 2025, the Board of Directors of Liquidmetal Technologies Inc. (the “Company”) approved the appointment of Professor Lugee Li to manage the operations of Liquidmetal Asia Holdings Ltd (“LMAH”), the Company’s wholly-owned Hong Kong-based subsidiary.

Professor Li served as the Company’s CEO from November 2016 to July 2021, and has remained on its Board as Chairman. The Company recently established LMAH to facilitate business development opportunities throughout Asia, including the exploration of new, additional manufacturing sites for the Company’s bulk metallic glass business.

“Lugee has been an integral part of the Company’s evolution in amorphous alloy technology,” said Tony Chung, the Company’s CEO, “and we are excited to have him officially on board dedicating his time and efforts in manufacturing and operations in Asia.”

Please refer to the 8K which has been filed with the Securities and Exchange Commission.

About Liquidmetal Technologies

Lake Forest, California-based Liquidmetal Technologies, Inc. is the leading developer of parts made with bulk amorphous alloys, also known scientifically as bulk metallic glasses or BMGs. The non-crystalline atomic structure of these materials imparts unique performance properties, including the ability to injection-mold with micron-level precision, lustrous finishes, high strength, hardness and corrosion resistance, and remarkable elasticity. Liquidmetal Technologies is the first company to develop amorphous alloy parts commercially, enabling significant improvements in products across a wide array of industries. 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 2024 Annual Report on Form 10-K.