Effective as of March 10, 2016, the Board of Directors of Liquidmetal Technologies Inc. expanded the size of the Board of Directors from 6 members to 7 members and elected Mr. Yeung Tak Lugee Li as a director of the company, with Mr. Li to serve until the company's next annual stockholder meeting or until his successor is elected and qualified. Mr. Li was elected to the Board of Directors pursuant to the terms of the purchase agreement. Mr. Li, Age 56, is the founder, Chairman, and majority stockholder of DongGuan Eontec Co.

Ltd. Mr. Li founded Eontec in 1993 and has served as Chairman since that date. At Eontec, Mr. Li is responsible for strategic development and research and development. Mr. Li is also the founder and sole shareholder of Leader Biomedical Limited.