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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 earliest event reported): February 15, 2005
FARO Technologies, Inc.
Commission file number: 0-23081
Florida 59-3157093
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
125 Technology Park, Lake Mary, Florida 32746
(Address of principal executive offices and Zip Code)
407.333.9911
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under an of the
following provisions (see General Instruction A.2. below):
[ ] 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))
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ITEM 1.01 Entry into a Material Definitive Agreement
ITEM 8.01 Other Events
On February 15, 2005, FARO Technologies announced via press
release, subject: FARO Receives $1.7 Million in New Airbus Orders.
A copy of the press release is attached hereto.
99.1 Press release dated as of February 15, 2005
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
FARO Technologies, Inc.
By: /s/ Gregory A. Fraser
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Gregory A. Fraser
Executive Vice President, Secretary and
Treasurer
Date: February 15, 2005
EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
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*99.1 Press release dated as of February 15, 2005
- ----------
*Filed herewith.
Exhibit 99.1
FARO RECEIVES $1.7 MILLION IN NEW AIRBUS ORDERS
LAKE MARY, Fla., Feb. 15 /PRNewswire-FirstCall/ -- FARO Technologies, Inc.,
the only company with a complete line of portable 3D coordinate measurement
systems for the Computer-Aided Measuring (CAM2) market, announced the receipt of
approximately $1.7 million in FARO Laser Tracker orders from Airbus S.A.S.
The orders consisted of seven units for Airbus UK's A380 wing assembly
plant, and five units for Airbus France's A380 fuselage assembly plant. The
Airbus UK order was received the second week in February, following the Airbus
France order in December 2004.
"These new orders follow our earlier successful FARO Laser Tracker
installations in Airbus France for the A380 project that we first announced in
2002," said FARO CEO Simon Raab. "We are very proud to play a part in the launch
of this new state-of-the-art aircraft. This will bring the total number of Laser
Trackers at Airbus to more than 25 units."
The FARO Laser Tracker is a portable, three-dimensional measurement system
that uses laser technology to effectively and accurately measure large parts,
tooling and machinery within its 230-ft. range.
Set on a tripod, it operates by bouncing a beam off a movable, reflective
target that is dragged along the surface to be measured. By simultaneously
measuring two angles and the distance, it can pinpoint the position of the
target to an accuracy of up to 0.001 in. As a user moves the target from one
location to another, the Tracker follows, recording position points in the
software of its laptop computer. If, at any point, the beam between the Tracker
and target is interrupted, its XtremeADM feature allows it to re-acquire the
beam without returning to a reference point. Once the target has been traced
over the entire object, the Tracker compiles a 3D image of the object as a
digital file.
Besides its many applications at Airbus, FARO Laser Trackers are used in
almost every industry for tasks where high-precision measurement is needed,
including aligning robotic assemblies.
About FARO
With more than 7,500 installations and approximately 3,500 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 3D
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 FARO Laser ScanArm; FARO Gage and Gage-PLUS; Platinum, Titanium and
Advantage FaroArms; the FARO Laser Tracker X and Si; 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
http://www.faro.com .
SOURCE FARO Technologies, Inc.
-0- 02/15/2005
/CONTACT: Darin Sahler, Global Public Relations Officer, sahlerd@faro.com,
or Greg Fraser, EVP & CFO, fraserg@faro.com, both of FARO Technologies, Inc.,
+1-407-333-9911/
/First Call Analyst: /
/FCMN Contact: trowbris@faro.com /
/Photo: http://www.newscom.com/cgi-bin/prnh/20000522/FLM035LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com /
/Web site: http://www.faro.com /