FARO Receives Technology Award in France for Gold
Series FAROARM(R)
PR Newswire - December 30, 1999 12:32
LAKE MARY, Fla., Dec. 30 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO),
the leading manufacturer of three-dimensional (3D) measuring equipment and software, today
announced that it has received the 'Palmares Technologique' (Technology Award) from French
trade magazine Mesures in the category of Mechanical Measuring Devices.
Products from more than 20 other companies competed against FARO's Gold series FaroArm,
a portable, software-driven measuring device used to measure parts and subassemblies on the
factory floor enabling comparisons to design specifications. Independent manufacturing industry
judges chosen by the magazine, one of the leading French publications in its field, rated
companies based on their product's innovation, price and performance. The magazine
announced the award in the October 1999 issue and presented it at a ceremony in November.
"We are pleased to be given this prestigious award," stated Gregory Fraser, Executive Vice
President of FARO. "Since we introduced the new Gold and Sterling series products in
September 1998, the Gold Series has been especially well received in all of our markets,
including France. The accuracy of the Gold series allows our customers to measure more parts
and assemblies on the factory floor, and to do so at the same price as previous, less accurate
products. This award will help our sales and product awareness expansion efforts in France --
a region that is home to our primary competitor."
FARO Technologies, Inc. and its international subsidiaries are pioneers and market leaders in
the Computer-Aided Manufacturing Measurement (CAMM) market, which is the final frontier
of the Computer-Aided Design (CAD) revolution. The company's hardware and software
products play a key role in the worldwide trend toward CAD-based total quality management
for shortened production cycles and in total quality management for the reduction in scrap and
rework. FARO's product line includes FaroArm portable measurement equipment, a broad
range of CAD-based inspection software for portable and fixed-base coordinate measurement
machines, and factory-level statistical process control (SPC) software. FARO's products are
used worldwide by a wide variety of manufacturing companies, both large and small. News and
information are available at the company's web site at faro.com .
To receive additional information on FARO Technologies, Inc. via fax at no charge, dial
1-800-PRO-INFO and enter code FARO. For international access, dial 732-544-2850.
SOURCE FARO Technologies, Inc.
Still waiting for next quarter revenues.
Jack |
