FARO and Nikon Metrology Settle Patent Litigation
LAKE MARY, Fla., July 12, 2013
LAKE MARY, Fla., July 12, 2013 /PRNewswire/ -- FARO Technologies, Inc.
(NASDAQ: FARO) today announced that it entered into a settlement agreement
with Nikon Metrology, Inc. (formerly Metris U.S.A., Inc.) and its affiliates.
The settlement agreement resolves the pending patent litigation in the case
captioned Metris U.S.A., Inc., et al. v. Faro Technologies, Inc., Civil Action
No.: 08-cv-11187 (PBS), together with all related appeals. The parties to the
settlement agreement have agreed to keep the terms of the settlement
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.
Approximately 15,000 customers are operating more than 30,000 installations of
FARO's systems, worldwide. 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 offices in
Brazil, Mexico, United Kingdom, France, Spain, Italy, Poland, Netherlands,
India, China, Malaysia, Vietnam, Thailand and Japan.
More information is available at http://www.faro.com.
SOURCE FARO Technologies, Inc.
Contact: Keith Bair, Senior Vice President and CFO, keith.bair@FARO.com,
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