FARO Technologies Signs Preferred Supplier Agreement With Vought Aircraft Industries

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LAKE MARY, Fla., July 12 /PRNewswire/ -- Leading manufacturer of 3D measuring equipment and software, FARO Technologies Inc. (Nasdaq: FARO), announced it has recently signed a worldwide preferred supplier agreement with Vought Aircraft Industries Inc., the world's largest independent supplier of aerostructures.

(Photo: http://www.newscom.com/cgi-bin/prnh/20000522/FLM035LOGO )

The preferred supplier agreement follows the projected expansion of Vought's use of FARO CAM2 (Computer-Aided Manufacturing Measurement) products including the 3D articulating FaroArm(R) and CAM2 software(R). The agreement will apply to Vought's corporate headquarters in Dallas, Texas, and other product-focused assembly sites in Hawthorne, Calif., Stuart, Fla., Milledgeville, Ga., and Perry, Ga.

Stephen Starner, FARO's Director of Aerospace Enterprise Solutions, said, "Today's manufacturing environment is highly competitive. The leaders in their industries will be leveraging the Total Manufacturing Solutions of FARO Technologies to improve both the productivity and quality of their products. Vought and FARO are already going down that road together."

Cliff Collier, Purchasing Manager at Vought, said, "We are committed to applying leading-edge technology to help our customers gain a competitive advantage. The use of FARO Technologies' solutions moves us in the right direction."

Vought is the world's largest independent supplier of aerostructures. Headquartered in Dallas, Vought provides fuselage subassemblies, nacelles, thrust reversers, empennage structures and other components for prime manufacturers of aircraft. The company has approximately 6,000 employees and annual sales of more than $1 billion.

FARO Technologies and its international subsidiaries design, develop and market CAM2 systems and services for manufacturers of Automotive, Aerospace, Industrial and Consumer products worldwide. Principal products include the FaroArm, a six-degree-of-freedom articulating arm, a family of advanced CAD- based measurement and reporting software and the Control Station, an all- inclusive measurement system. FARO CAM2 products provide manufacturers the freedom to measure production parts or complex assemblies right where they are built. FARO's customers benefit through improved productivity and enhanced product quality because of reduced rework and scrap within the manufacturing process. A recognized leader of dimensional quality control products worldwide, FARO Technologies is ISO 9001 certified and Guide 25 approved.

    See FARO online at www.faro.com.

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SOURCE FARO Technologies, Inc.
Web site: http: //www.faro.com
Photo: NewsCom: http: //www.newscom.com/cgi-bin/prnh/20000522/FLM035LOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, 888-776-6555 or 212-782-2840
CONTACT: Sarah Duey of FARO Technologies, 800-736-0234, or dueys@faro.com
CAPTION: FLM035LOGO FARO TECHNOLOGIES LOGO FARO Technologies Logo. (PRNewsFoto)[AG] LAKE MARY, FL USA 05/22/2000

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding FARO Technologies Inc's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.