FARO Technologies (NASDAQ:FARO)
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FARO Adds President/COO to Executive Team
LAKE MARY, Fla., Oct. 28 /PRNewswire-FirstCall/ -- FARO Technologies, Inc.
(NASDAQ:FARO) today announced the appointment of Jay Freeland as President and
Chief Operating Officer, effective November 15, 2004. Mr. Freeland is a 12-year
veteran of the General Electric Company.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000522/FLM035LOGO)
"Jay Freeland is a proven executive who brings a wealth of experience and
energy to help us meet the needs of our growing enterprise," said Simon Raab,
Chairman and CEO. "Jay has demonstrated successful leadership in several of
GE's diverse businesses. He has been president and chief operating officer of
GE Harris Energy Control Systems, a $200 million, 700-person software
development and hardware manufacturing division of GE, and his background in
international business, acquisitions and business development is ideally suited
to our needs. Our aggressive growth plans require us to expand our upper
management team, and we are delighted to have Jay join the FARO family."
"I am pleased to join FARO at this exciting time in the Company's history," Mr.
Freeland said. "The combination of FARO's cutting-edge technology, global reach
and world-class team has us positioned well for continued growth. I believe
that I bring a balance of leadership experience and cultural fit that will help
us achieve our long-term strategic goals."
Mr. Freeland began his career in GE's Financial Management Program, spent four
years on their Corporate Audit Staff and served in financial, business
development, sales, and management roles of increasing responsibility.
About FARO
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 Gage and Gage-PLUS; Platinum, Titanium and Advantage
FaroArms; the FARO Laser Tracker X and Si; and the CAM2 family of advanced
CAD-based measurement and reporting software. FARO Technologies is ISO 9001
certified and ISO-17025 laboratory registered. Learn more at
http://www.faro.com/.
http://www.newscom.com/cgi-bin/prnh/20000522/FLM035LOGO
http://photoarchive.ap.org/
DATASOURCE: FARO Technologies, Inc.
CONTACT: Greg Fraser, Executive Vice President & CFO, FARO Technologies,
Inc., +1-407-333-9911; or Vic Allgeier, The TTC Group, +1-212-227-0997, for
FARO Technologies, Inc.
Web site: http://www.faro.com/