LAKE MARY, Fla., Nov. 15,
2017 /PRNewswire/ -- FARO® (NASDAQ: FARO), the world's most
trusted source for 3D measurement and imaging solutions for public
safety forensics, announces the acquisition of Dustin Forensics, a
digital forensic animation firm based in Adairsville, Georgia. The acquisition of a
world-renowned forensics services firm represents the logical next
step in actualizing the FARO® vertical business growth
strategy.
Dustin Forensics has been led by David
Dustin, an innovator in 3D crime and accident scene
reconstruction and a pioneer in the legitimatization and
admissibility of 3D data as an accepted courtroom tool. David
will be taking on the newly created role of Director of Public
Safety - Forensics Services.
"We are excited to have Dustin Forensics join the FARO family,"
stated Jeff Ruiz, Vice President of
Public Safety - Forensics. "Their real world expertise will not
only strengthen the FARO service portfolio but also extend our
reach into the broader markets of public and corporate security
where there are significant opportunities to deliver comprehensive
3D scanning services for pre-incident planning, proactive threat
assessments, and soft target protection."
"I am thrilled to become a member of the FARO team," commented
David Dustin. "With the extensive
resources of FARO, we will greatly accelerate our original mission
– the advancement of laser scanning technology as it applies to
public safety."
"This acquisition, in concert with the recent introduction of
FARO Zone 3D and SCENE 7.1 solutions, powerful software platforms
specifically developed for forensics, makes a clear statement on
our commitment to extending our lead in the global forensics
market," added Joseph Arezone, Chief
Commercial Officer. "The combination of Dustin Forensics' and
FARO Technologies' in-depth 3D expertise will enable a leading edge
portfolio of new forensics services."
David Dustin will be a featured
speaker at the inaugural FARO Public Security and Forensics
Conference in Berlin, Germany
http://public-safety.faro-europe.com/ beginning November 16, 2017.
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
for the following vertical markets:
- Factory Metrology - High-precision 3D measurement, imaging and
comparison of parts and complex structures within production and
quality assurance processes
- Construction BIM-CIM - 3D capture of as-built construction
projects and factories to document complex structures and perform
quality control, planning and preservation
- Public Safety Forensics - Capture and analysis of on-site real
world data to investigate crash, crime and fire, plan security
activities and provide virtual reality training for public safety
personnel
- Product Design - Capture detailed and precise 3D data from
existing products permitting CAD analysis and redesign, after
market design and legacy part replication
- 3D Machine Vision - 3D vision for both control and measurement
to the manufacturing floor through 3D sensors and custom
solutions
FARO's global headquarters is 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
Tracker™ and FARO Cobalt Array 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, Japan, and
Australia.
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 quarters ended March 31, 2017 and
June 30, 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.
More information is available at http://www.faro.com
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SOURCE FARO Technologies, Inc.