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Tuesday, November 10, 2009, 1:16AM ET - U.S. Markets open in 8 hours and 14 minutes. Dow Up 2.03% Nasdaq Up 1.97%
FARO Technologies Inc. (FARO)On Nov 9: 17.35  Up 0.41 (2.42%)  
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FARO Technologies Inc.
250 Technology Park
Lake Mary, FL 32746
United States - Map
Phone: 407-333-9911
Fax: 407-333-4181
Web Site: http://www.faro.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Technology
Industry:Scientific & Technical Instruments
Full Time Employees:959

BUSINESS SUMMARY 
FARO Technologies, Inc. designs, develops, manufactures, markets, and supports portable, software driven, 3-D measurement systems used in a range of manufacturing, industrial, building construction, and forensic applications. Its products include Faro Arm, a combination of six or seven-axis, instrumented articulated measurement arm, a computer, and software programs; FARO Laser ScanArm that enables customers to measure products without touching them and offers a seven-axis contact/noncontact measurement device with an integrated laser scanner; and Faro Gage, an accuracy version of the Faro Arm product. The company also offers laser-based measuring devices comprising Faro Laser Tracker, a combination of laser measurement tool, a computer, and CAM2 software programs; and Faro Laser Scanner LS to measure and collect data points, allowing for the detailed 3D rendering of an object as a factory. It also offers CAM2 Software, a family of proprietary CAD-based measurement and statistical process control software, which includes CAM2 Measure X to compare measurements of manufactured components; CAM2 SPC Process for the collection, organization, and presentation of measurement data factory-wide; Soft Check Tool, a custom software program to lead an operator through a measurement process on the FaroArm or FARO Laser Tracker; and Faro Gage Software to produce graphical and tabular reports. The company’s CAM2 product line also includes Laser Scanner LS Software comprising Faro Scout, a software tool for displaying 3D measurements and navigation; Faro Scene for displaying, analyzing, administrating, and editing 3D measurements; Farocloud for AutoCAD to support the visualization and analysis of 3D points; and Faroworks, a Web-based tool. It serves automobile, aerospace, heavy equipment, and law enforcement agencies primarily in the Americas, Europe, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Lake Mary, Florida.
Key Statistics

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    CORPORATE GOVERNANCE 
    FARO Technologies Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 48.6% of S&P 600 companies and 75.9% of Technology Hardware & Equipment companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Dr. Simon Raab Ph.D., 56
    Co-Founder and Chairman
    N/A N/A
    Mr. Jay W. Freeland , 39
    Chief Exec. Officer, Pres
    $ 468.00K $ 0
    Mr. Keith Bair , 53
    Chief Financial Officer, Principal Accounting Officer and Sr. VP
    $ 244.00K $ 0
    Mr. David J. Morse , 35
    Sr. VP of Operations and Managing Director of America Operations
    N/A N/A
    Mr. Allen Sajedi , 49
    VP of R&D
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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