BNET Industries

Liquidmetal Technologies

(LQMT) is in the Manufacturing Industry

Market Cap:$7.6M
Last Fiscal Year Sales:$22.0M
  • Public
  • US
Dow Jones Description

We are a materials technology company that develops and commercializes products made from amorphous alloys. Our Liquidmetal ® family of alloys consists of a variety of coatings, powders, bulk alloys, and composites that utilize the advantages offered by amorphous alloy technology. We develop, manufacture, and sell products and components from bulk amorphous alloys that are incorporated into the finished goods of our customers, and we also market and sell amorphous alloy industrial coatings. We also partner with third-party licensees and distributors to develop and commercialize Liquidmetal alloy products. We have the exclusive right to develop, manufacture, and sell what we believe are the only commercially viable bulk amorphous alloys. Amorphous alloys are unique materials that are distinguished by their ability to retain a random atomic structure when they solidify, in contrast to the crystalline atomic structure that forms in ordinary metals and alloys when they solidify. Liquidmetal alloys possess a combination of performance, processing, and cost advantages that we believe makes them preferable to other materials in a variety of applications. The amorphous atomic structure of our alloys enables them to overcome certain performance limitations caused by inherent weaknesses in crystalline atomic structures, thus facilitating performance and processing characteristics superior in many ways to those of their crystalline counterparts. ...

President & Chief Executive Officer
Larry Buffington
Number of Employees 98
Contact Information

30452 Esperanza

Rancho Santa Margarita, California 92688

liquidmetal.com

(949) 635-2100

NAICS Code Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers: 332812

Recent Events

  • Liquidmetal Technologies Announces Third Quarter Earnings

    11/20/09 - Financial Announcement - View Story

  • Liquidmetal Technologies Reports 2Q Financials

    8/25/09 - Financial Announcement - View Story

Decision Makers

Name (plus bio) Position
Larry Buffington President & Chief Executive Officer
Robert Biehl Founder and President of Masterplanning Group International
Neil Paton CTO
Tony Chung Chief Financial Officer
Young J Ham CFO
James Kang Founder
Dr Merton C Flemings
Otis Buchanan

Board of Directors

Name (plus bio) Position
John Kang Chairman
Abdi Mahamedi Board of Directors
C.K. Cho Board of Directors
Dr Michael Ashby Board of Directors
Dr William D Nix Board of Directors
Henri H. Tchen Board of Directors
Iraj Azarm Board of Directors
Vincent Addonisio Board of Directors
William G. Johnson Vice Chairman of the Board
William Scott Board of Directors

Mr. Buffington is an experienced senior executive with a track record of over 36 years in building successful manufacturing. Highlights of Mr. Buffington's manufacturing experience include 18 years with AMP, Inc. where he built and managed several divisions. One division, he grew from approximately $31 million to $124 million in 5 years. In another assignment, he consolidated 2 divisions to form a $120 million division and put it on a growth plan exceeding 20% per year. He was then recruited to Northern Telecom where he led the turnaround solution for a $100 million plus division. In the 90's, Mr. Buffington was called to the Communications Division for Augat Inc, a public company, where he led the team that grew revenue from $44 million to $180 million plus and profits from $4 million to $24 million annually. His management of a large workforce across multiple operating locations is a testimony to his ability to develop and motivate a talented team of operating managers.

Organization Position Status
Liquidmetal Technologies President & Chief Executive Officer Current
Liquidmetal Technologies Board of Directors Current

Organization Position Status
Liquidmetal Technologies Founder and President of Masterplanning Group International Current
Liquidmetal Technologies Board of Directors Current
Michigan State Master's Degree Former
Michigan State University Masters Degree In Counseling Former
Michigan State University B.A. Degree In Psychology Former

Organization Position Status
Liquidmetal Technologies CTO Current
Asm Co member Former
Massachusetts Institute of Technology Ph.D. in Materials Science Former
University of Auckland B.S. degree and M.S. degree in Mechanical Engineering Former

Tony Chung was elected by our Board of Directors to serve as the Chief Financial Officer in December 2008. Mr. Chung previously served the Company in various capacities between May of 2004 and January of 2007 including as the Company s Vice President of Finance, Vice President of Legal and Administration and Director of Finance. Between November of 2004 and April of 2005, Mr. Chung was the Company s principal financial officer. Mr. Chung most recently served as Chief Financial Officer at BETEK Corporation, a real estate and investment subsidiary of SK Engineering and Construction, and as Chief Financial Officer of Solar City, a company providing advanced solar technology and installation services. From September 1992 to May 2004, Mr. Chung served in a variety of senior finance capacities at various companies including Everdream Corporation, a startup venture specializing in IT outsourcing, and MAI Systems Corporation, a publicly traded company that developed and licensed hotel management software. Mr. Chung is a Certified Public Accountant and served eight years at KPMG as an Audit and Consulting Manager for several large multinational companies. He received his B.S. degree in Business Administration from University of California at Berkeley, Haas School of Business in 1992. Mr. Chung also holds a J.D. degree from Pacific Coast University School of Law which he received in June of 2006.

Organization Position Status
Liquidmetal Technologies Chief Financial Officer Current
Solarcity Corp Chief Financial Officer Former
Solarcity Corp Vice President of Finance Former
Liquidmetal Technologies Vice President, Finance Former

Organization Position Status
Liquidmetal Technologies CFO Current

Organization Position Status
Liquidmetal Technologies Founder Current
Liquidmetal Technologies Executive Officer Current
Kellogg School of Management at Northwestern University M.B.A. Former
University of Illinois B.A. in marketing Former

Organization Position Status
Liquidmetal Technologies Current

Organization Position Status
Liquidmetal Technologies Current

John Kang is currently Chairman of Liquidmetal Technologies. Since taking his position, he has guided the company from the development of the technology in the labs of California Institute of Technology to its successful commercialization of the technology. Prior to joining Liquidmetal Technologies, John was chairman of the board of directors of Clayton Group, Inc., a private company engaged in the distribution of waterworks equipment based in Tampa, Florida from 1988 to 1994. After that, John founded the predecessor to Medical Manager, an integrated healthcare automation solution which addresses the financial, administrative, clinical and practice management needs of healthcare providers. He guided the growth of the company from a small one-office business in 1995 to a corporation with more than 3,000 employees and more than 100 offices nationwide. He took Medical Manager Public in 1997. He continued to run the company as president and co-CEO through subsequent mergers and the ultimate sale of the company in September 2000. John received a B.A. in economics from Harvard College in 1985. John and his family reside in Southern California.

Organization Position Status
The Clayton Group President and Co-CEO Current
Liquidmetal Technologies Chairman Current
The Clayton Group Chairman of the Board of Directors Former
Harvard College B.A. Degree In Economics Former
Harvard University B.A. In Economics Former

Organization Position Status
Liquidmetal Technologies Board of Directors Current

Organization Position Status
Liquidmetal Technologies Board of Directors Current

Mike is Professor in the Department of Engineering at the University of Cambridge. He is a world-renowned authority on engineering materials and the author/co-author of the best-selling textbooks, Engineering Materials I & II and Materials Selection in Mechanical Design and of over 200 papers on mechanisms of plasticity and fracture, powder compaction, mechanisms of wear, methodologies for materials selection, and the modeling of material shaping processes, among other topics. He is recipient of numerous awards and honors including Fellow of the Royal Society and Member of the American Academy of Engineering. Prior to Cambridge, he was a professor at Harvard University and held academic positions in Germany and France. He is also co-founder of Granta and directs development of Granta's CES EduPack.

Organization Position Status
Granta Design Limited Co-Founder Current
Granta Design Limited Professor Current
Granta Design Limited Non-Executive Chairman Current
Liquidmetal Technologies Board of Directors Current
Harvard University post of Professor Former
University of Cambridge BA and Doctorate in Natural Sciences Former

Dr. Nix's special interests are imperfections in crystalline solids and their relation to the mechanical properties of bulk and thin film materials. Current projects focus on the development of experimental techniques for the study of mechanical properties of interconnect thin films and on modeling the processes. He was awarded the ASM Gold Medal from ASM International in 1998 and the Educator Award from The Metallurgical Society in1995. He received his PhD in Materials Science in 1963, and his MS in 1960 from Stanford University.

Organization Position Status
Stanford University PhD in Materials Science Former

Henri H. Tchen joined Bioscrypt's board of directors in May 2002 and has more than 29 years of business, finance and strategic consulting experience. Henri began his career in the finance industry in 1973 with Irving Trust Company in New York City. He left the company in 1977 and joined Marine Midland Bank, as assistant vice president, US multinationals, where he advised multinationals on funding their overseas subsidiaries and worked on financings of major overseas power and infrastructure projects. Henri then became senior vice president and manager US corporate finance for Banque Nationale de Paris in New York from 1979 to 1986. In 1987, Henri assumed the position of senior vice president and manager of corporate finance at Tokai Bank and was responsible for growing the income of the organization from $5.5 million to over $28 million. In 1989 Henri joined Dah Chong Hong Group in New York City and served as director of Strategic Planning and Real Estate. Prior to his current position, Henri held the position of Chief Financial Officer of Kingston Technology Corporation where he participated in the company's sale to SOFTBANK Corporation for $1.5 billion. Henri is now vice president for Synapse Capital, LLC, a financial management firm focused on investing and advising at angel stage of medical and high technology start-ups. Henri also serves on the boards of Liquidmetal Technologies, Inc. and Future Scientists and Engineers of America. Henri holds a bachelor of applied economics from the University of Brussels, Belgium where he graduated Summa Cum Laude, and an MBA from Columbia University.

Organization Position Status
Bioscrypt Inc Vice President, Synapse Capital, Llc Current
Liquidmetal Technologies Board of Directors Current
First Foundation Bank Director Current
Kingston Technology Company, Inc. Chief Financial Officer Former
Marine Midland Bank Senior Vice President and Manager Former
Irving Trust Company Former
Columbia University MBA Former
University of Brussels Bachelor of Applied Economics Former
University Corp. Bachelor Degree In Applied Economics Former

Organization Position Status
Liquidmetal Technologies Board of Directors Current

Organization Position Status
Liquidmetal Technologies Board of Directors Current
Dynetech Corporation Board of Directors Current
CGI Group Inc. Former
W.R. Grace & Company Former
Georgia Institute of Technology MBA Former
State University of New York at Binghamton BS degree in accounting Former

Organization Position Status
California Institute of Technology Mettler Professor of Engineering and Applied Physics Current
Liquidmetal Technologies Vice Chairman of the Board Current
Asm International Fellow Current
Tms, Inc. Fellow Former
Liquidmetal Technologies Director Former
California Institute of Technology Ph.D. In Applied Physics Former
Hamilton College B.A. In Physics Former

Organization Position Status
Liquidmetal Technologies Board of Directors Current
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     LQMT $0.16 0.00 (0.00% )
Average Volume 47,088
Shares Outstanding 46.73M
Market Cap 7.5M
Year High 0.44
Year Low 0.075
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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