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TheStreet Open House

Jury Rules In FARO's Favor In Patent Suit With Nikon

Stocks in this article: FARO

LAKE MARY, Fla., Aug. 13, 2012 /PRNewswire/ -- FARO Technologies, Inc. (NASDAQ: FARO), the world's most trusted source for 3D measurement technology, announced today that it received a jury verdict in its favor in the U.S. District Court for the District of Massachusetts in the patent litigation brought against FARO by Nikon Metrology, Inc. (formerly Metris USA, Inc.) and its affiliates in July of 2008. The court found Nikon Metrology's patent claims invalid.  While Nikon may attempt to appeal the decision, the jury verdict favorably concludes this stage of the litigation. 

(Logo: http://photos.prnewswire.com/prnh/20110415/MM84316LOGO )

U.S. Patent No. 7,313,264, the sole remaining object of the suit, was issued in December of 2007 and was related to FARO's laser line probe accessory used with some FaroArms in the marketplace.  The U.S. District Court previously ruled in summary judgment that FARO did not infringe a separate Nikon patent, U.S. Patent No. 6,611,617, as initially alleged by Nikon.

"The resolution emphasizes the uniqueness of FARO's technology.  FARO carefully designs its products to ensure that intellectual property rights of third parties are respected while maintaining its own significant patent portfolio.  FARO is prepared to defend itself and protect its portfolio any time it is necessary to do so," said Jay Freeland, FARO's President & Chief Executive Officer.

FARO Technologies was represented by Bill Cass of Cantor Coburn, LLP in the matter.

About FAROFARO 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, production planning, documenting large volume spaces or structures in 3D, surveying and construction, as well as for investigation and reconstruction of accident sites or crime scenes.

Worldwide, approximately 15,000 customers are operating more than 30,000 installations of FARO's systems. The Company's global headquarters is located in Lake Mary, Fla., its European head office in Stuttgart, Germany and its Asia/Pacific head office in Singapore. FARO has branches in Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Poland, Netherlands, Turkey, India, China, Singapore, Malaysia, Vietnam, Thailand, South Korea and Japan.

Further information: http://www.faro.com

SOURCE FARO Technologies, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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