LAKE MARY, Fla., Feb. 3, 2014 /PRNewswire/ -- FARO
Technologies, Inc. (NASDAQ: FARO) today announced that Jody Gale has been named Senior Vice President,
General Counsel and Corporate Secretary. In this role, Mr.
Gale will be responsible for all legal matters for FARO as well as
serving as Corporate Secretary to the Board of Directors.
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"We are very excited to welcome Jody to the FARO team," said
Jay Freeland, FARO's President and
CEO. "His background and expertise fit well with FARO and we look
forward to working with him as a member of our senior management
team and a key contributor to the execution of our growth plans and
overall business strategy."
Most recently, Mr. Gale served as Vice President and Associate
General Counsel - M&A, Securities & Governance for Biomet,
Inc., one of the world's leading medical device manufacturers.
Prior to joining Biomet, he was a corporate partner at the global
law firm Kirkland & Ellis LLP in Chicago, Illinois.
Mr. Gale holds a Bachelor of Arts degree from Albion College, a MBA from the Weatherhead School
of Management at Case Western Reserve
University and a Juris Doctorate from Case Western. He
is a member of the Indiana and
Illinois bars.
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
that are subject to risks and uncertainties, such as statements
about Mr. Gale's contribution to FARO and the expansion of FARO's
business. Statements that are not historical facts or that describe
the Company's plans, objectives, projections, expectations,
assumptions, strategies, or goals are forward-looking statements.
In addition, words such as "will" and similar expressions identify
forward-looking statements. Forward-looking statements are not
guarantees of future performance and are subject to various known
and unknown risks, uncertainties, and other factors that may cause
actual results, performances, or achievements to differ materially
from future results, performances, or achievements expressed or
implied by such forward-looking statements. Consequently, undue
reliance should not be placed on these forward-looking
statements.
Factors that could cause actual results to differ materially
from what is expressed or forecasted in such forward-looking
statements include, but are not limited to:
- Mr. Gale's ability to integrate into FARO's management team
and operations;
- development by others of new or improved products, processes
or technologies that make FARO's products obsolete or less
competitive;
- declines or other adverse changes, or lack of improvement,
in industries that FARO serves or the domestic and international
economies in the regions of the world where FARO operates and other
general economic, business, and financing conditions;
- risks associated with international operations, such as
fluctuations in currency exchange rates, difficulties in staffing
and managing foreign operations, political and economic
instability, compliance with import and export regulations, and the
burdens and potential exposure of complying with a wide variety of
U.S. and foreign laws and labor practices;
- other risks detailed in Part I, Item 1A. Risk Factors in the
Company's Annual Report on Form 10-K for the year ended
December 31, 2012.
Forward-looking statements in this release represent FARO's
judgment as of the date of this release. FARO undertakes no
obligation to update publicly any forward-looking statements,
whether as a result of new information, future events, or
otherwise.
About FARO
FARO is the world's most trusted source for 3D measurement,
imaging and realization technology. The Company develops and
markets computer-aided measurement and imaging devices and
software. Technology from FARO permits high-precision 3D
measurement, imaging and comparison of parts and compound
structures within production and quality assurance processes. The
devices are used for inspecting components and assemblies,
production planning, documenting large volume spaces or structures
in 3D, surveying and construction, as well as for investigation and
reconstruction of accident sites or crime scenes.
Worldwide, approximately 15,000 customers are operating more
than 30,000 installations of FARO's systems. The Company's global
headquarters is located in Lake Mary,
Fla., its European head office in Stuttgart, Germany and its Asia/Pacific head office in Singapore. FARO has branches in Brazil, Mexico, Germany, United
Kingdom, France,
Spain, Italy, Poland, Netherlands, India, China,
Singapore, Malaysia, Vietnam, Thailand and Japan.
Further information: http://www.faro.com.
SOURCE FARO Technologies, Inc.