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) November 18, 2005
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FARO Technologies, Inc. |
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(Exact name of registrant as specified in its charter) |
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Florida |
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0-23081 |
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59-3157093 |
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(State or other jurisdiction |
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(Commission |
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(I.R.S. Employer |
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125 Technology Park, Lake Mary, Florida |
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32746 |
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(Address of principal executive offices) |
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(Zip Code) |
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Registrant’s telephone number, including area code (407) 333-9911
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(Former name or former address, if changed since last report.) |
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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): |
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 7.01 Regulation FD Disclosure
ITEM 9.01 Financial Statements and Exhibits
On November 18, 2005, FARO Technologies announced via press release, subject: FARO Sues Hexagon for Violating New Laser Scanner Patent. A copy of the press release is attached hereto.
(d) Exhibits
99.1 Press release dated as of November 18, 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 hereunto duly authorized.
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FARO Technologies, Inc. |
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(Registrant) |
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Date November 18, 2005 |
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/s/ Gregory A. Fraser |
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Gregory A. Fraser |
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Executive Vice President, Secretary and Treasurer |
Exhibit 99.1
FARO Sues Hexagon for Violating New Laser Scanner Patent
LAKE MARY, Fla., Nov. 18 /PRNewswire-FirstCall/ -- FARO Technologies, Inc. (Nasdaq: FARO) announced today that it sued Hexagon and its affiliates for infringement of a newly issued FARO patent covering laser scanners. The lawsuit was filed in Federal District Court in Orlando, Florida and involves U.S. Patent 6,965,843 (‘843) entitled “Portable Coordinate Measurement Machine with Integrated Line Laser Scanner.”
In its Complaint, FARO alleges that Hexagon, through its Romer Cimcore subsidiary, has infringed the ‘843 patent through the marketing and selling of its new “INFINITE SC” laser scanning arm.
FARO intends to vigorously enforce its rights in the ‘843 patent and seek injunctive relief to halt the sale of the INFINITE SC product, as well as to seek monetary damages.
”We were the first company to develop and market a wholly integrated laser scanner arm product,” FARO Co-founder, Chairman and CEO Simon Raab said. “The ‘843 patent covers this significant innovation and, like the rest of FARO’s growing intellectual property (IP) portfolio, we intend to do what is necessary to assert our IP rights throughout the world.”
About FARO
With more than 9,100 installations and 4,100 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 FARO Laser ScanArm; FARO Laser Scanner LS; FARO Gage and Gage-PLUS; Platinum, Digital Template, Titanium, Advantage FaroArms; the FARO Laser Tracker X and Xi; and the CAM2 family of advanced CAD-based measurement and reporting software. FARO Technologies is ISO 9001 certified and ISO-17025 laboratory registered.
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 our plans, objectives, projections, expectations, assumptions, strategies, or future events. 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 “may,” “believes,” “anticipates,” “expects,” “intends,” “plans,” “seeks,” “estimates,” “will,” “should,” “could,” “projects,” “forecast,” “target,” “goal,” and similar expressions or discussions of our strategy or other intentions identify forward-looking statements. Other written or oral statements, which constitute forward-looking statements, also may be made by the Company from time to time. 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 forward-looking statements include, but are not limited to:
* the inability to protect our patents and other proprietary rights in the United States and foreign countries and the assertion and ultimate outcome of infringement claims for and against us, including the pending suit by Cimcore- Romer against us, and our pending suit against Hexagon;
* the other risks detailed in the Company’s Annual Report on Form 10-K and other filings from time to time with the Securities and Exchange Commission.
SOURCE FARO Technologies, Inc.
-0- 11/18/2005
/CONTACT: Greg Fraser, Executive Vice President, FARO, +1-407-333-9911,
or fraserg@FARO.com/
/Photo: NewsCom: 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 /
(FARO)