FARO Technologies, Inc. Class Action Dismissed

Lake Mary, FL: A securities fraud class action lawsuit was filed against the world market leader in portable computer-aided measurement arms and laser tracker sales. The case was filed on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of FARO Technologies, Inc. between May 6, 2004 and November 3, 2005. The lawsuit was filed in the United States District Court for the Middle District of Florida, Orlando Division, against defendant FARO and its officers and/or directors. The action claimed FARO violated federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period. The US District Court for the Middle District of Florida has dismissed the class action securities fraud complaint filed against the FARO, with leave to file an amended complaint. (Feb-08-07) [PR NEWSWIRE: FARO DISMISSED]