RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the world’s leading developer of amorphous alloys, announced continuing progress in the rollout of its new technology with 101 RFQ’s (Request For Quotations) received during the second quarter of 2015. This represents an increase from 36 in the prior quarter and an increase from 4 in the second quarter of 2014.
“This represents a significant milestone in the deployment of Liquidmetal technology,” said Tom Steipp, President and CEO. “At this point, we believe that we have the right resources and processes in place to harvest sufficient quality leads every quarter, to move toward volume production next year and ultimately break even. We recognize that leads need to become qualified opportunities that then yield prototype orders and ultimately production orders. This takes time and we certainly don’t expect every RFQ to turn into a production part, but the increase that we’ve seen in the front end of our process over the last several quarters, is truly encouraging."
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.