Liquidmetal amends sub-license deal with Visser Precision

|About: Liquidmetal Technologies, Inc. (LQMT)|By:, SA News Editor

Liquidmetal's (LQMT) amended sub-license agreement with Visser Precision free the former from its commitment to use Visser as its exclusive contract manufacturer, and frees the latter from having to use Liquidmetal as its exclusive sales/R&D channel.

The company have also "agreed to dismiss their private arbitration and have settled and released all claims and disputes between them."

Liquidmetal asserts the deal will allow it to "enter into contracts with other manufacturers to serve a broad array of specialized industries and geographies." Visser will maintain "a license to the full portfolio of technology developed by Liquidmetal that exists as of the date of the agreement."

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