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)  July 25, 2006

FARO Technologies, Inc.


(Exact name of registrant as specified in its charter)

 

 

 

 

 

Florida

 

0-23081

 

59-3157093


 


 


(State or other jurisdiction
 of incorporation)

 

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

 

 

 

 

125 Technology Park, Lake Mary, Florida

 

32746


 


(Address of principal executive offices)

 

(Zip Code)

 

 

 

Registrant’s telephone number, including area code (407) 333-9911

 

 


(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 (see General Instruction A.2. below):

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 




ITEM 5.02          Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

ITEM 7.01          Regulation FD Disclosure.

          On July 25, 2006,  FARO Technologies announced via press release, subject:  FARO Names Keith Bair Interim CFO.   A copy of the press release is attached hereto.

Item 9.01          Exhibits.

(d)

Exhibits

 

 

99.1

Press release dated as of July 25, 2006




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 hereunto duly authorized.

 

 

FARO Technologies, Inc.

 

 


 

 

 (Registrant)

 

 

 

Date July 25, 2006

 

 

 

 

/s/ Jay Freeland

 

 


 

 

Jay Freeland

 

 

President and Co-CEO



Exhibit 99.1

FARO Names Keith Bair Interim CFO

          LAKE MARY, Fla., July 25 /PRNewswire-FirstCall/ -- FARO Technologies, Inc. (Nasdaq: FARO) today named Keith S. Bair Interim Chief Financial Officer (“CFO”), replacing Barbara R. Smith who is leaving the company to assume a position with another company.

          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.  Bair will be transitioning into the role over the next two weeks and will fully assume responsibility as Interim CFO on August 5, 2006.  It is expected he will serve in the role until the Company’s management completes its search for a permanent CFO.

          The Company also announced today that it expects to release its financial results for its second quarter ended July 1, 2006 on August 3, 2006.  In conjunction with its second quarter release, the Company will hold its earnings conference call that will be broadcast live over the internet on August 4, 2006 at 11:00AM.  Details for the conference call will be provided in a separate announcement.

          About FARO

          With approximately 12,500 installations and 5,500 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 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 FARO Gage, Gage-PLUS and PowerGAGE; the FARO Laser ScanArm; 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.
          -0-                                        07/25/2006
          /CONTACT:  Darrin Sahler, Global Public Relations Manager, FARO
Technologies, Inc., +1-407-333-9911/
          /Web site:  http://www.faro.com /
          (FARO)