FARO makes Forbes fastest growing list

Portable measurement arm specialist FARO Technologies Inc has been named in Forbes Magazine’s list of America's 25 Fastest-Growing Tech Companies.

In order to make the Forbes list, companies must have: * At least 10 per cent annualised sales gains over the past five years * Profitability over the past 12 months * At least $25 million in sales over the past four quarters * Thomson IBES consensus earnings forecasts of at least 10 per cent annualised earnings growth over the next three to five years * Companies with significant legal problems, or with possible accounting or corporate governance issues, based upon guidance provided by Audit Integrity of Los Angeles, are disqualified.