FARO® partners with Siteco Informatica to launch a breakthrough in affordability and flexibility for mobile mapping applications in construction

LAKE MARY, Fla., Oct. 10, 2016 /PRNewswire/ -- FARO^® (NASDAQ: FARO), the world's most trusted source for 3D measurement and imaging solutions for factory metrology, product design, construction BIM/CIM, public safety forensics and 3D solutions and services applications, announces an extended partnership with Siteco Informatica to bring affordable mobile mapping, using FARO Focus^3D Laser Scanners, to users worldwide.

This partnership pairs FARO's worldwide sales network with Siteco's technical expertise in mobile mapping systems to launch the new Road-Scanner C "Compact Edition". Under this partnership arrangement, FARO will provide a global sales network to market the Road-Scanner C and Siteco will sell, install and support the systems.

The Road-Scanner C is a state-of-the-art system that is more flexible than competitive systems and priced to appeal to a broad market of users who need to capture existing infrastructure for applications such as utility pole location, electric transmission and distribution lines, etc.

The system is equipped with two FARO Focus^3D Laser Scanners, a 30 megapixel 360° spherical camera and Siteco software. The flexibility to detach the Focus^3D Laser Scanners and use them independently as stand-alone laser scanners sets this solution apart from conventional mobile mapping systems and greatly improves the ROI for customers.

"We at Siteco are very excited about our new collaboration with FARO and its world-wide sales and marketing network. This network will help Siteco expand into geographical regions beyond our reach while championing the popular FARO brand into an exciting and growing mobile mapping market," stated Augusto Burchi, CEO of Siteco.

"At FARO, customers are the center of all our activities and we continuously strive to meet their needs," stated Dr. Simon Raab, President and CEO of FARO. "We have customers inquiring about mobile mapping solutions and, through our collaboration with Siteco, we can now help them solve more of their applications."

For more information, please visit: http://www.faro.com  and www.sitecoinf.it

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.

FARO's global headquarters are located in Lake Mary, Florida.  The Company also has a technology center and manufacturing facility consisting of approximately 90,400 square feet located in Exton, Pennsylvania containing research and development, manufacturing and service operations of its FARO Laser Tracker™ and FARO Cobalt Array Imager product lines.  The Company's European regional headquarters is located in Stuttgart, Germany and its Asia Pacific regional headquarters is located 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, India, China, Malaysia, Vietnam, Thailand, South Korea, and Japan.

More information is available at http://www.faro.com

About Siteco:

A unit of Gavio Group, one of Italy's top industrial groups, Siteco was established in 1995 as a civil engineering infrastructure, software and technical consulting firm. In 2005 they developed the first scalable, high performance fully integrated mobile mapping system and have since been delivering the most flexible roadway management mobile mappers in terms of price, performance and software flexibility on the market for public administrations and engineering companies.

More information is available at http://www.sitecoinf.it  

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SOURCE FARO Technologies, Inc.

Nancy Setteducati, FARO, T: 407-333-9911, nancy.setteducati@faro.com