Media Release: FARO Technologies, Inc

• Published in: MediaNet Press Release Wire
• Format: Newsletter
• Language: English
• Published: Sydney Medianet 01.04.2015

"PointSense is FARO's first software release following our recent acquisition of kubit(TM) ( http://www.faro.com/en-us/news-events/news/2015/03/03/faro-expands-presence-in-architecture-engineering-and-construction-with-acquisition-of-kubit ) and upholds FARO's strategy to be a leader in the AEC market," stated Jay Freeland, FARO's President and CEO. "As BIM continues to be an established requirement in the construction industry, we recognize the need to provide customers with a complete field to finish solution. PointSense enhances the architectural design process by simplifying the extraction of BIM models to point clouds. This is merely the beginning of FARO's efforts to greatly enhance scan-to-BIM workflows." 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.