FARO Adds President/COO to Executive Team
October 28 2004 - 5:59PM
PR Newswire (US)
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/
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