Extends and Solidifies Focus Laser Scanner Portfolio
Lake Mary, Fla., Aug. 1, 2017 — FARO® (NASDAQ: FARO), the world’s most trusted source for 3D measurement and imaging solutions for factory metrology, product design, construction BIM/CIM, public safety-forensics and 3D machine vision applications, announces the release of the latest addition to the FARO Focus Laser Scanner portfolio. The FARO FocusS 70 (http://www.faro.com/focus) is a high accuracy, short range scanner specifically designed for architecture, engineering, construction, product design and public safety-forensics professionals.
Similar to the FARO FocusM 70 introduced into the award-winning FARO Focus Laser Scanner portfolio in January 2017, the FocusS 70 delivers industrial grade performance with an exceptional price/performance quotient. This includes an Ingress Protection (IP) Rating of 54 for use in high particulate and wet weather conditions, HDR imaging and extended temperature range. Additionally, users will continue to have unrestricted freedom of choice to leverage the software tools most beneficial to their own workflow, including FARO SCENE and 3rd party software solutions such as Autodesk ReCap®.
The FARO FocusS 70 also delivers a set of incremental, value-added functionality that makes it a perfect fit for those applications that require the short range scanning power of the FocusM 70, the next level accuracy of the FocusS 150 or FocusS 350 and the unique power of real time, on-site registration.
Short Range with Best in Class Accuracy:
• Designed for both indoor and outdoor applications that require scanning up to 70 meters and with accuracy of +/- 1mm
More Data Captured Faster:
• Delivers acquisition speed of almost 1,000,000 points per second
Improved Productivity and Confidence:
• Supports the real time, on-site registration functionality recently announced by FARO with the introduction the SCENE 7.0 software suite (http://www.faro.com/scene)
This high value functionality enables the 3D scan data, whether it be from a single scan or multiple scans in process simultaneously, to be wirelessly transmitted (i.e., no SD cards needed) directly to an onsite computer workstation/PC in real time.
"We were overwhelmed by the positive response and adoption of the FocusM 70," states Joe Arezone, Chief Commercial Officer. "That has validated our hypothesis that there would be significant enthusiasm for an affordable, short range, industrial scanner that was backed by FARO’s trusted, best-in-class quality. We have continued to keep our ears close to the ground with our customers and as a result can now offer the FocusS 70 as a higher accuracy companion to the FocusM 70 and a logical fit across the Focus Laser Scanner portfolio. FARO is uniquely positioned to address the wide variety of performance requirements across all market segments and applications that leverage 3D scanning data".
The FARO FocusS 70 Laser Scanner is available for immediate quoting.
About FARO
FARO is the world’s most trusted source for 3D measurement, imaging and realization 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. FARO’s global headquarters are located in Lake Mary, Florida. The Company also has a technology center and manufacturing facility consisting of approximately 90,400 square feet located in Exton, Pennsylvania containing research and development, manufacturing and service operations of our FARO Laser TrackerTM and FARO Cobalt Array 3D Imager product lines. The Company’s European regional headquarters is located in Stuttgart, Germany and its Asia Pacific regional headquarters is located 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, India, China, Malaysia, Thailand, South Korea, Australia and Japan. More information is available at http://www.faro.com
Forward-Looking Statements
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" 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, 2016 and Form 10-Q for the quarter ended March 31, 2017.
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.
