UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
|
Date
of report (Date of the earliest event reported)
|
January
9, 2007
|
FARO
TECHNOLOGIES,
INC.
(Exact
Name of Registrant as Specified in Its Charter)
|
Florida
|
0-20381
|
59-3157093
|
||
|
(State
or Other Jurisdiction of
Incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification
No.)
|
|
125
Technology Park, Lake Mary, Florida
|
32746
|
||
|
(Address
of Principal Executive Offices)
|
Zip
Code)
|
(407)
333-9911
(Registrant’s
Telephone Number, Including Area Code)
(Former
Name or Former Address, if Changed Since Last Report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
|
¨
|
Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230
.425)
|
|
¨
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
¨
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
|
|
¨
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
|
|
Item
5.02
|
Election
of Directors
|
On
January 9, 2006, the Board of Directors of FARO Technologies, Inc. elected
Marvin R. Sambur, PhD to the Board of Directors. Dr. Sambur started his career
at Bell Laboratories in 1968 and later held top executive positions at ITT
Corporation, including President and CEO of their defense group . In 2001 ,
he
was named and confirmed as the Assistant Secretary of the Air Force for
Acquisition, where he was responsible for all Air Force research, development,
and acquisition activities.
The
Board
of Directors has determined that Dr. Sambur is an independent director under
NASDAQ National Market marketplace rules. The Board has not yet appointed Dr.
Sambur to any Board committee.
FARO’s
Board of Directors is divided into three classes, as nearly equal as possible,
with one class of directors elected each year for a three-year term. Dr. Sambur
was elected to the class of directors whose term expires at the 2008 annual
meeting of shareholders (or until his successor has been duly elected and
qualified) to fill a vacancy created in that class by the retirement of a
director. However, because the Florida Business Corporation Act provides that
any director elected by the Board of Directors to fill a vacancy on the Board
must stand for re-election at the next meeting of the shareholders, Dr. Sambur
will stand for election at the 2007 annual meeting of shareholders.
A
copy of
FARO’s press release announcing the election is attached hereto as Exhibit 99.1
and hereby incorporated by reference.
|
Item
9.01
|
Exhibits.
|
|
(d)
|
Exhibits
|
|
99.1
|
Press
Release dated as of January 15,
2007
|
Signature
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has
duly
caused this report to be signed on its behalf by the undersigned thereunder
duly
authorized.
| FARO
Technologies, Inc.
(Registrant)
|
||
| Date: January 15, 2007 | ||
| /s/ Jay Freeland | ||
|
Jay
Freeland
Chief
Executive Officer
|
||
FARO
Names Dr. Marvin R. Sambur as Director
January
15, 2007, Lake Mary, FL - FARO Technologies, Inc., the world market leader
in
portable computer-aided measurement arms and laser tracker sales, announced
that
it has appointed Marvin R. Sambur, PhD, to the Company’s Board of Directors.
Dr.
Sambur started his career at Bell Laboratories in 1968 and later held top
executive positions at ITT, including President and CEO of their $1.5 billion
Defense group . In 2001 , he was named and confirmed as the Assistant Secretary
of the Air Force for Acquisition in Washington, D.C. In that role, he was
responsible for all Air Force research, development and acquisition activities.
In addition to having directed $37 billion in annual procurement for the
F/A-22,
F-35, C-17 and other major programs, Dr. Sambur also formulated and executed
the
$220 billion Air Force investment strategy to provide combat capability to
joint
war fighting commanders.
Dr.
Sambur serves on the prestigious Air Force Science Advisory Board and the
National Academy of Science Board for the Department of Defense. He has also
been honored with an appointment at the University of Maryland as a “Professor
of the Practice” in their Engineering department. Only two other individuals
have ever been so honored.
“Marvin’s
30-plus years of experience and achievements in high technology program
acquisition, management and engineering will be a great asset,” FARO President
and CEO Jay Freeland said. “I look forward to his input as FARO continues to
expand its market share as the world leader in portable 3-D
measurement.”
About
FARO
With
more
than 13,000 installations and 5,700 customers globally, FARO Technologies,
Inc.
designs, develops, and markets portable, computerized measurement devices
and
software used to create digital models - or to perform evaluations against
an
existing model - for anything requiring highly detailed 3-D measurements,
including part and assembly inspection, factory planning and asset
documentation, as well as specialized applications ranging from surveying,
recreating accident sites and crime scenes to digitally preserving historical
sites.
FARO’s
technology increases productivity by dramatically reducing the amount of
on-site
measuring time, and the various industry-specific software packages enable
users
to process and present their results quickly and more effectively.
Principal
products include the world’s best-selling portable measurement arm - the
FaroArm; the world’s best-selling laser tracker - the FARO Laser Tracker X and
Xi; the FARO Laser ScanArm; FARO Laser Scanner LS; the FARO Gage, Gage-PLUS
and
PowerGAGE; and the CAM2 family of advanced CAD-based measurement and reporting
software. FARO Technologies is ISO-9001 certified and ISO-17025 laboratory
registered.
Learn
more at www.faro.com