LAKE FOREST, Calif.--(BUSINESS WIRE)--Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the leading developer of amorphous alloy technologies, is proud to announce the appointment of Bruce Bromage as its Chief Operating Officer.
As Chief Operating Officer, Dr. Bromage is responsible for executing business strategy and management of all Company functions, and reports to Professor Lugee Li, Chairman and CEO. In addition to the managerial duties he previously held, Dr. Bromage is responsible for ensuring the achievements of and coordinating and supporting the objectives of the Company’s sales, legal, human resources, and accounting functions.
“This appointment provides direct accountability for the Company’s operational and financial performance,” said Professor Li, “and I have great confidence in Bruce. He has demonstrated great leadership since I first invested in Liquidmetal.”
Dr. Bromage previously served as Liquidmetal’s Executive Vice President of Business Development and Operations. Since 2011, he has actively managed Liquidmetal operations and successfully transitioned the company’s focus from intellectual property development to volume manufacturing. Before joining Liquidmetal, Dr. Bromage was Executive Vice President and General Manager of Symmetricom’s Timing, Test, and Measurement division, growing annual revenues over a four-year period from $40 million to more than $90 million. Dr. Bromage has previously held executive positions with Hewlett-Packard and Hughes Aircraft Company, and he began his career as a Human Performance Engineer with Bell Laboratories.
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.
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.