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FARO® Renewal ­Message from Simon Raab, Ph.D.

Dr. Simon Raab, PhD – CEO and President

Welcome to the first edition of the FARO 3D World Corporate Newsletter. As we go forward with the renewal of FARO, we believe this will be an excellent way to communicate more effectively and deepen our 3D measurement partnership.

In 2016 we have spoken publicly and often of our renewal efforts. The term “renewal” can be interpreted in many ways, so let me explain what I mean. We continuously challenge ourselves to be a “Forward-Looking” company rather than a status quo enterprise. It has become increasingly clear that the way our generic 3D technology is used was quickly specializing.  Our renewal simply refers to the corporate reorganization required to focus our sales and product development along application lines rather than along product-centric lines that formed the foundation of FARO’s past 30 years of innovation.

In order to effectively pursue these applications, we have divided our business into 6 vertical sales and product management business units: Factory Metrology,Construction BIM/CIM, Public Safety –Forensics, Product Design, 3D Solutions and 3D Services and Support. This means that we have now established a platform to focus our products and solution development in a manner specific to your area of interest. As part of this renewal and our market leadership, we are changing the way you can interact with FARO through the introduction of advanced web demonstrations via our worldwide network of product Web-demo studios. This makes it easier than ever to quickly get customized information and learn of the new and exciting ways FARO can contribute to your business success.

Looking forward, our objective is to proactively leverage our technology to create the most value for you, whether it be specific products or customized services, and to continue our best in class customer care. At the end of the day, our self-imposed challenge is not to be a better 3D partner for you but to be the best partner 3D that you can have.

Dr. Simon Raab, PhD Bio

Simon Raab, Ph.D. is a co-founder of the Company and has served as Chairman of the Board of Directors of the Company since its inception in 1982. Dr. Raab has served as our President and Chief Executive Officer since December 2015. Dr. Raab previously served as Chief Executive Officer of the Company from its inception in 1982 until January 2006, as Co-Chief Executive Officer from January 2006 until December 2006, and as President of the Company from 1986 until 2004. Dr. Raab also serves as a director of two privately-held companies: Cynvenio Biosystems, Inc. and True Vision Systems, Inc. Dr. Raab holds a Ph.D. in Mechanical Engineering from McGill University, Montreal, Canada, a Masters of Engineering Physics from Cornell University and a Bachelor of Science in Physics from the University of Waterloo, Canada. Relevant experience and skills: executive management, mechanical engineering and physics.

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