UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of the earliest event reported) April 28, 2004
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Commission File Number 0-23081
FARO TECHNOLOGIES, INC.
(Exact Name of Registrant as Specified in Its Charter)
Florida 59-3157093
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(State or Other Jurisdiction of Incorporation) (IRS Employer Identification No.)
125 TECHNOLOGY PARK, LAKE MARY, FLORIDA 32746
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(Address of Principal Executive Offices) (Zip Code)
(407) 333-9911
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. OTHER EVENTS
Institutional Shareholder Services ("ISS") requested that FARO
TECHNOLOGIES, INC. ("FARO") provide ISS with additional information
about fees that FARO paid to its independent auditors, Ernst & Young
LLP, reported in its proxy statement for its 2004 Annual Meeting of
Shareholders. ISS further requested that FARO publish this information
in either a Form 8-K filing or in a press release.
In response to this request, FARO is filing this Form 8-K to set forth
additional information concerning fees for services rendered to FARO by Ernst &
Young LLP for each of the last two fiscal years:
2003 2002
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Audit fees (1) $ 464,245 $ 408,992
Audit-related fees (2) 19,000 71,744
Tax fees-preparation and compliance 80,068 57,213
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Total audit, audit related and tax preparation and
compliance fees 563,313 537,949
Other non-audit fees:
Tax fees-other (3) 539,684 496,104
All other fees -
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Total-Other Fees 539,684 496,104
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Total Fees $ 1,102,997 $ 1,034,053
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(1) Audit of financial statements, review of financial statements
included in Quarterly Reports on Form 10-Q, and fees in connection
with the Company's Form S-3 registration statement (File No.
333-110670).
(2) Primarily due diligence work and employee benefit plan audits.
(3) Tax consulting
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunder duly authorized.
FARO TECHNOLOGIES, INC.
By: /s/ Gregory A. Fraser
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Gregory A. Fraser
Executive Vice President, Secretary, and
Treasurer
Date: April 28, 2004