RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--Jan. 15, 2008--Liquidmetal(R) Technologies, Inc. (OTCBB:LQMT) today announced the appointment of Gerald E. Morrow as the new Chief Financial Officer effective immediately. Mr. Morrow brings to the company thirty years of corporate financial expertise spanning five service and manufacturing industries, in the areas of financial management, strategic planning and equity placements. As an established senior executive, Gerald Morrow most recently served as the Vice President of Finance for the California based Performance Team Freight Systems, Inc., overseeing all finance and human resources responsibilities. He also brings to Liquidmetal(R) Technologies a track record of improved financial reporting, budgeting and performance management systems which facilitate rapid growth and support manufacturing efficiencies.
At the southern California based Goulds Pumps, Inc., Mr. Morrow implemented an activity based cost system bringing about a complete division turnaround for the manufacturer from loss to profitability. As a former Controller for Dun & Bradstreet Corporation's Donnelley Information Publishing, Mr. Morrow was responsible for finance, budgeting, and procurement services and served as a key member of the executive council responsible for implementation of a total quality management program which accounted for major sales growth over a three year period.
John Kang, Chairman of Liquidmetal Technologies commented, "Gerry joins Liquidmetal Technologies at an exciting time in the commercialization of our technology. Gerry is an experienced and mature CFO and has utilized his financial expertise to develop valuable financial systems to support operations in growth and changing environments throughout his career. His deep financial expertise will be valuable as the Company builds its business through internal growth and our licensed partners."
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