LAKE MARY, Fla., March 17, 2016 /PRNewswire/ -- FARO Technologies,
Inc. (NASDAQ: FARO), the world's most trusted source for 3D
measurement, imaging, and realization technology, announces the
launch of the FARO Early Adopter (EA) Program. Under this
program, select customers who are faced with accelerating
technology cycles can benefit from early access to new FARO
products created by our renowned FARO Labs team, or FARO Innovation
products. They will also have the unique opportunity to work
one-on-one with our FARO Labs engineers on future product
improvements and new technologies. Customers can now pre-register
for the program under www.faro.com/innovator.
![FARO logo. FARO logo.](http://photos.prnewswire.com/prnvar/20110415/MM84316LOGO)
To inaugurate the FARO EA Program, we are proud to announce the
first in a long line of FARO Innovation products, the FARO BIM Scan
Localizer. The scan-localizer mounts under the FARO
Focus3D laser scanner and makes continuous 2D scans to
provide detailed registration information, removing the need for
reference targets in overlap zones by users executing interior
Building Information Modeling (BIM) scans. While moving the FARO
Focus3D laser scanner from one location to another, the
scan localizer tracks the laser scanner's location and the 3D scans
are effortlessly stitched together to provide a complete interior
building scan. This one-of-a-kind solution provides 3D
scanning customers with efficiency gains of up to 2-5x over
alternative solutions for BIM as-built capture applications.
Early Adopter Program subscribers in select countries can order
the FARO BIM Scan Localizer now in advance of a rollout to our
broader customer base in the second half of the year. FARO EA
Program subscribers will receive a special introductory discount of
20% off the total list price if they order the new FARO BIM Scan
Localizer bundled with a new FARO Focus3D Scanner by
March 31, 2016.
"Our top priority remains a passionate commitment to innovative
and disruptive research and development," stated Dr. Simon Raab, President and CEO of FARO
Technologies. "To further increase the value of these investments
to our customers, we have decided to provide them early and
accelerated access to disruptive products and ultimately provide
the customers in our various vertical markets with unique
productivity solutions."
"What sets FARO apart is a tremendous passion to provide simpler
and more economic measurement solutions for our customers", added
Dr. Bernd Becker, Chief Technology
Strategist and FARO Labs Director. "Towards that end, we closely
observe our customers' work processes and develop solutions to
address the challenges our customers are facing. With this
innovative program, our customers have the unique opportunity to
benefit from early access to our new innovative products and to
interact directly with our FARO Labs engineers to provide direct
feedback on product features."
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 demand for and customer acceptance of
FARO's products, and FARO's product development and product
launches. 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 "is,"
"will" and similar expressions or discussions of FARO's plans or
other intentions 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:
- development by others of new or improved products, processes
or technologies that make the Company's products less competitive
or obsolete;
- the Company's inability to maintain its technological
advantage by developing new products and enhancing its existing
products;
- declines or other adverse changes, or lack of improvement,
in industries that the Company serves or the domestic and
international economies in the regions of the world where the
Company operates and other general economic, business, and
financial conditions; and
- 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, 2015.
Forward-looking statements in this release represent the
Company's judgment as of the date of this release. The
Company undertakes no obligation to update publicly any
forward-looking statements, whether as a result of new
information, future events, or otherwise, unless otherwise required
by law.
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 complex structures
within production and quality assurance processes. The devices are
used for inspecting components and assemblies, rapid prototyping,
documenting large volume spaces or structures in 3D, surveying and
construction, as well as for investigation and reconstruction of
accident sites or crime scenes.
The Company's global headquarters is located in Lake Mary, FL; its European regional
headquarters in Stuttgart,
Germany; and its Asia/Pacific regional headquarters in
Singapore. FARO has other offices
in the United States, Canada, Mexico, Brazil, Germany, the United
Kingdom, France,
Spain, Italy, Poland, Turkey, the
Netherlands, Switzerland,
Portugal, India, China,
Malaysia, Vietnam, Thailand, South
Korea, and Japan.
More information is available at http://www.faro.com
Logo -
http://photos.prnewswire.com/prnh/20110415/MM84316LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/faro-introduces-worlds-first-3d-scan-localizer-and-the-first-faro-innovation-product-introduction-in-faros-new-early-adopter-ea-program-300237447.html
SOURCE FARO Technologies, Inc.