FARO Gets Order for 11 Quantum, Platinum FaroArms
LAKE
MARY, FL, Dec 18, 2008 - FARO Technologies, Inc. (Nasdaq: FARO), the
world leader in portable computer-aided measurement and imaging
innovations, announced that it has received an order from a major
multinational technology and services conglomerate for 11 Quantum
and Platinum FaroArm systems.
"In this economic environment, it's critical for companies to find
better, more efficient ways to do business," FARO President and CEO
Jay Freeland said. "That's one of the reasons our entire line of
measurement solutions continues to be in high demand. Using our
technology is the proven way for customers to make their products
and processes the best in the world."
The 11 systems will be used by the company throughout several U.S.
cities - including Atlanta, Chicago, Cincinnati and Dallas -- in
order to maintain and verify numerous components during service
interruptions. FARO's portable CMM technology enables users to
digitally capture a component's 3D measurements and create or
compare them to original CAD files for verification. The Quantum and
Platinum FaroArms will reduce completion time on each job by
multiple days, which will save the company millions of dollars
during those critical periods.
"The payback far exceeds the cost," Dave Morse, FARO's SVP and
Managing Director of the Americas said. "The strong ROI combined
with the creative pricing programs we have in place should make it
easier for other companies to adapt this technology and reap the
same benefits."
About FARO
With approximately 18,000 installations and 8,600 customers
globally, FARO Technologies, Inc. designs, develops, and markets
portable, computerized measurement devices and software used to
create digital models -- or to perform evaluations against an
existing model -- for anything requiring highly detailed 3D
measurements, including part and assembly inspection, factory
planning and asset documentation, as well as specialized
applications ranging from surveying, recreating accident sites and
crime scenes to digitally preserving historical sites.
FARO's technology increases productivity by dramatically reducing
the amount of on-site measuring time, and the various
industry-specific software packages enable users to process and
present their results quickly and more effectively.
Principal products include the world's best-selling portable
measurement arm -- the FaroArm; the world's best-selling laser
tracker -- the FARO Laser Tracker X and Xi; the FARO Laser ScanArm;
FARO Photon Laser Scanners; the FARO Gage, Gage-PLUS and PowerGAGE;
and the CAM2 Q family of advanced CAD-based measurement and
reporting software. FARO Technologies is ISO-9001 certified and
ISO-17025 laboratory registered. For more information, visit
www.faro.com.
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