Lake Mary, Fla., Sept. 15, 2015 — FARO® Technologies, Inc. (NASDAQ: FARO), the world’s most trusted source for 3D measurement technology, announces the release of the new FARO Freestyle3D X Handheld Laser Scanner, a 3D Laser Scanner designed to transform the way the Architecture, Engineering and Construction (AEC), Law Enforcement, and other industries document3D data through easy to use, intuitive data acquisition. With the release of the Freestyle3D X, FARO´s portfolio now contains two handheld scanners designed to help customers increase productivity, save time and make effective, data-driven decisions.
The new FARO Freestyle3D X incorporates state-of-the-art scanning technology that delivers enhanced scanning accuracy of 1 millimeter at a 1-meter range. The Freestyle3D X is available with a U.S. National Institute of Standards and Technology (NIST) traceable calibration accessory to provide users with verifiable data accuracy, which is critical for forensic scanning and other highly regulated industries. On-site calibration data is exportable in PDF format, allowing information to be easily shared with other team members.
The Freestyle3D X also incorporates an automatic flash mode enabling users to scan objects in a variety of lighting conditions. New software tools deliver an intensely detailed visualization of the created 3D point cloud, and an integrated best-point filter enhances the quality of the scan data by reducing noise up to 35%. Finally, post-processing functions have also been improved, offering up to 5x faster data writing speed to further improve productivity on the job site.
The Freestyle3D X can be employed as a standalone device or used in concert with FARO Focus3D X Series Laser Scanners. Point cloud data from all devices can be integrated seamlessly – even in grey scale.
"The Freestyle3D X sets the industry standard for ease-of-use and verifiable accuracy among professional, portable scanning devices," stated Joe Arezone, Senior Vice President and Managing Director FARO Asia and EMEA. "The new features such as automatic flash mode, best point filter and new algorithms decisively enhance the overall scanning experience and enable users to carry out more projects with better quality at the same time. Moreover, the new Freestyle3D X will allow the most demanding users to achieve better accuracy in their projects."
With the introduction of the Freestyle3D X to its portfolio, FARO continues its role as a technology innovator for customers – helping them work faster, more effectively and save money in the process. FARO is dedicated to offering a full range of innovative and user-friendly handheld scanners to allow customers to implement and leverage 3D scanning to their business advantage.
About FARO
FARO is the world’s most trusted source for 3D measurement technology. The Company develops and markets computer-aided measurement and imaging devices and software. Technology from FARO permits high-precision 3D measurement, imaging and comparison of parts and complex structures within production and quality assurance processes. The devices are used for inspecting components and assemblies, rapid prototyping, documenting large volume spaces or structures in 3D, surveying and construction, as well as for investigation and reconstruction of accident sites or crime scenes. The Company’s global headquarters is located in Lake Mary, FL; its European regional headquarters in Stuttgart, Germany; and its Asia Pacific regional headquarters in Singapore. FARO has other offices in the United States, Canada, Mexico, Brazil, Germany, the United Kingdom, France, Spain, Italy, Poland, Turkey, the Netherlands, Switzerland, Portugal, India, China, Malaysia, Vietnam, Thailand, South Korea, and Japan. More information is available at http://www.faro.com
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 demand for and customer acceptance of FARO’s products, and FARO’s product development and product launches. 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 "is," "will," "continues" and similar expressions or discussions of FARO’s plans or other intentions identify forward-looking statements. 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 such forward-looking statements include, but are not limited to:
• development by others of new or improved products, processes or technologies that make the Company’s products less competitive or obsolete;
• the Company’s inability to maintain its technological advantage by developing new products and enhancing its existing products;
• declines or other adverse changes, or lack of improvement, in industries that the Company serves or the domestic and international economies in the regions of the world where the Company operates and other general economic, business, and financial conditions; and
• other risks detailed in Part I, Item 1A. Risk Factors in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014.
Forward-looking statements in this release represent the Company’s judgment as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise, unless otherwise required by law.
