Court Denies Summary Judgment, Sets Case For Trial
November 15 2005 - 4:50PM
PR Newswire (US)
LAKE MARY, Fla., Nov. 15 /PRNewswire-FirstCall/ -- The judge
presiding over a patent infringement lawsuit against Faro
Technologies, Inc. (NASDAQ:FARO) by Romer CimCore has denied
motions for summary judgment and has set the matter for trial. The
trial is scheduled to begin in late January 2006. (Logo:
http://www.newscom.com/cgi-bin/prnh/20000522/FLM035LOGO ) The same
judge had originally granted summary judgment in favor of Romer
CimCore in July 2005 after concluding that Faro's FaroArm products
infringed its '148 patent. However, the judge subsequently withdrew
that determination after agreeing with FARO that the original
interpretation of the patent's claims was improper. In October
2005, the court further refined the interpretation of the patent's
claims. The Court has now ruled that factual issues exist which
require determination by a jury at trial, including as to both
infringement and the validity of Romer CimCore's patent. Faro
considers the Court's latest decision to be a validation of its
long- held belief that Romer CimCore is not entitled to a judgment
of infringement, and looks forward to the opportunity to present
its case to a jury for determination. FARO is committed to
vigorously defending against its competitor's claims and continues
to believe that given the chance to present its case at trial,
Romer CimCore's patent will be found invalid and not infringed.
About FARO With nearly 8,500 installations and 3,800 customers
globally, 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 3D 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 Laser Scanner LS;
FARO Gage and Gage-PLUS; Platinum, Digital Template, Titanium,
Advantage FAROArms; the FARO Laser Tracker X and Xi; and the CAM2
family of advanced CAD-based measurement and reporting software.
FARO Technologies is ISO 9001 certified and ISO-17025 laboratory
registered. 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 our plans, objectives, projections, expectations,
assumptions, strategies, or future events. 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 "may,"
"believes," "anticipates," "expects," "intends," "plans," "seeks,"
"estimates," "will," "should," "could," "projects," "forecast,"
"target," "goal," and similar expressions or discussions of our
strategy or other intentions identify forward-looking statements.
Other written or oral statements, which constitute forward-looking
statements, also may be made by the Company from time to time.
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 forward-looking statements include, but are not
limited to: * the inability to protect our patents and other
proprietary rights in the United States and foreign countries and
the assertion and ultimate outcome of infringement claims against
us, including the pending suit by Cimcore-Romer against us; * the
inability to quickly deploy alternative designs in the event of a
negative outcome in the pending suit by Romer Cimcore against us;
and * the other risks detailed in the Company's Annual Report on
Form 10-K and other filings from time to time with the Securities
and Exchange Commission.
http://www.newscom.com/cgi-bin/prnh/20000522/FLM035LOGO
http://photoarchive.ap.org/ DATASOURCE: FARO Technologies, Inc.
CONTACT: Greg Fraser, Executive Vice President, FARO,
+1-407-333-9911, or Web site: http://www.faro.com/
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