Liquidmetal Technologies (NasdaqNM:LQMT) Message Board

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Technology Stocks : Liquidmetal Technologies (NasdaqNM:LQMT)

LQMT 0.140

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Oct 31 9:30 AM EDT

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From: Tadsamillionaire	9/19/2006 2:27:51 PM
	of 56

Liquidmetal(R) Technologies Inc. (OTCBB:LQMT) today announced it has signed an SBIR Phase II contract award with the U.S. Navy. The program goal is to develop reactive alloys and composites for inert warheads. The contract award is a result of successful completion of the SBIR Phase I effort which demonstrated the initial feasibility of certain Liquidmetal alloys and composites for reactive projectiles. According to Ricardo Salas, President and CEO, "Liquidmetal Technologies has had a long-standing commitment to developing our technology in support of the U.S. Military. We are very pleased to be awarded this program by the U.S. Navy and to have another opportunity to demonstrate the use of our technology in military and defense applications in addition to our Kinetic Energy Penetrators currently in development with the U.S. Army." The contract and its accompanying options will be administered by the Naval Surface Warfare Center Dahlgren Division in Washington D.C.

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