FARO Names Keith Bair Senior Vice President and CFO
LAKE MARY, Fla., Oct. 23 /PRNewswire-FirstCall/ -- FARO Technologies, Inc., manufacturer of the world's best-selling portable measurement arm and laser tracker, named Keith S. Bair Senior Vice President and Chief Financial Officer ("CFO"). Bair has been serving as Interim CFO since July 25, 2006.
Bair joined FARO in March of 2006 as Director of Accounting. Prior to joining FARO, Bair was Vice President of Finance and Controller at Xytrans, Inc. He also served as CFO and Controller of Stromberg, LLC, Controller at both Gencor Industries and Arrow International, and as a Staff Accountant in the Division of Corporation Finance with the U.S. Securities and Exchange Commission. Bair has an MBA and a bachelor's degree in accounting from Lehigh University in Bethlehem, PA, is a CPA, and also served in the United States Navy.
The Company also announced that on October 30, 2006, it expects to release financial results for its third quarter ended October 2, 2006. In conjunction with its third quarter release, the Company will hold an earnings conference call that will be broadcast live over the Internet on October 31, 2006 at 11:00AM. Details for the conference call will be provided in a separate announcement.
About FARO
With more than 13,000 installations and 5,700 customers globally, FARO Technologies, Inc. (Nasdaq: FARO) and its international subsidiaries design, develop, and market software and portable, computerized measurement devices. The Company's products allow manufacturers to perform 3-D inspections of parts and assemblies on the shop floor. This helps eliminate manufacturing errors, and thereby increases productivity and profitability for a variety of industries in FARO's worldwide customer base. Principal products include the Platinum, Titanium, Advantage, and Digital Template FaroArms - the world's best-selling portable measurement arm; the FARO Gage, Gage-PLUS and PowerGAGE; the FARO Laser ScanArm; the world's best-selling laser tracker system - the FARO Laser Tracker X and Xi; the FARO Laser Scanner LS; and the CAM2 family of advanced CAD-based measurement and reporting software. FARO Technologies is ISO-9001:2000 certified, and accredited to ISO-17025 Calibration Laboratory Standard.
SOURCE FARO Technologies, Inc.
CONTACT: Darin Sahler, Global PR Manager of FARO Technologies, Inc.,
+1-407-333-9911, or Darin.Sahler@faro.com
Web site: http://www.faro.com
(FARO)