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LIQUIDMETAL
TECHNOLOGIES
                                                                    News Release


FOR IMMEDIATE RELEASE
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CONTACT:      John Nesbett/Dian Griesel          David Townsend
              The Investor Relations Group       Liquidmetal Technologies
              (212) 825-3210                     (813) 314-0280


                   Liquidmetal Technologies Trading as LQMT.PK

         LAKE FOREST, CA, July 16, 2004---Liquidmetal Technologies, Inc. (OTC:
LQMT.PK), a leading developer of amorphous alloy technology, reported that its
common stock is now being quoted over-the-counter on the Pink Sheets Electronic
Quotation Service under the trading symbol LQMT.

         Pink Sheets Electronic Quotation Service is an Internet-based,
real-time quotation service for OTC equities and bonds for market makers,
brokers and investors. Information regarding the Pink Sheets services is
available at www.pinksheets.com.

About Liquidmetal Technologies, Inc.
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Liquidmetal Technologies, Inc. (www.liquidmetal.com) is the leading developer,
manufacturer, and marketer of products made from amorphous alloys. Amorphous
alloys are unique materials that are characterized by a random atomic structure,
in contrast to the crystalline atomic structure possessed by ordinary metals and
alloys. Bulk Liquidmetal(R) alloys are two to three times stronger than commonly
used titanium alloys, harder than tool steel, and relatively non-corrosive and
wear resistant. Bulk Liquidmetal alloys can also be molded into precision
net-shaped parts similar to plastics, resulting in intricate and sophisticated
engineered designs. 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. The combination of a
super alloy's performance coupled with unique processing advantages positions
Liquidmetal alloys for what the company believes will be The Third RevolutionTM
in material science.



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This press release may contain "forward-looking statements" that involve risks
and uncertainties, including statements regarding our anticipated financial
results, as well as our plans, future events, objectives, expectations,
forecasts, and the assumptions on which those statements are based. Any
statement in this press release that is not a statement of historical fact is a
forward-looking statement, and in some cases, words such as "believe,"
"estimate," "project," "expect," "intend," "may," "anticipate," "plans,"
"seeks," and similar expressions identify forward-looking statements. These
statements involve risks and uncertainties that could cause actual outcomes and
results to differ materially from the anticipated outcomes or result, and undue
reliance should not be placed on these statements. These risks and uncertainties
include: pending litigation against the company and its potential outcome; our
limited operating history in developing and manufacturing products from bulk
amorphous alloys; the adoption of our alloys by customers; the commercial
success of our customer's products; our ability to identify, develop, and
commercialize new applications for our alloys; competition with suppliers of
incumbent materials; the development of new materials that render our alloys
obsolete; the ability to manage our anticipated growth; our limited direct
experience in manufacturing bulk alloy products; scaling-up our manufacturing
facilities; protecting our intellectual property; problems associated with
manufacturing and selling our alloys outside of the United States; and other
risks and uncertainties discussed in filings made with the Securities and
Exchange Commission (including risks described in subsequent reports on Form
10-Q, Form 10-K, Form 8-K, and other filings). Liquidmetal Technologies
disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events, or otherwise.





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