Liquidmetal ® Technologies Inc. (OTCBB: LQMT ) today announced that it has named a new member to the Board of Directors of the Company. Chairman Abdi Mahamedi is welcoming Mark Hansen as the newest independent board member. Incoming member Hansen is presently the Managing Partner of Cobalt Development Partners LLC, a firm focusing on the development of emerging consumer and intellectual property companies. With a thirty year history of executive management experience serving consumers through retail, Mark has served as the President and CEO of SAM’s Club, which generated $23 billion dollars in revenue amidst a workforce of 75 thousand employees. Mark Hansen has also served as President and CEO of PetSmart, the largest dominant retailer of pet supplies and services in the country. In addition to his significant service sector corporate leadership responsibilities, Mark also has a number of previous and present Board of Director positions to his credit including Applebee’s Restaurants and Amazon.com. According to Board Chairman Abdi Mahamedi, “Liquidmetal has begun to execute successfully on a bold new direction that is yielding significant traction with strategic partners and cornerstone customers. Mark brings a depth of business acumen, strategic market awareness, corporate governance and integrity that will make our existing team even stronger. Both the executive leadership team and the full Board of Directors are excited about his addition to the team.”
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