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3M Unit Launches New Touch Network

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3M Touch Systems Inc., a wholly-owned subsidiary of the 3M Company’s (MMM) 3M Electronic Solutions Division, recently launched a new initiative named the 3M Multi-Touch Developer Network.

3M Multi-Touch Developer Network establishes a direct link between customers using 3M’s multi-touch products and developers of multi-touch applications. The new reference web site helps customers to directly access software applications by developers with expert software development capabilities.

There is an increasing global demand for 3M's multi-touch displays in key sectors including hospitality, travel, government, retail, finance, media, entertainment and healthcare.

3M multi-touch displays are available in sizes ranging from 18.5 to 46 inches and feature the ability to recognize up to 60 simultaneous touch points each at an ultra-fast response rate. The 3M Multi-Touch Developer Network enables application developers to create some of the most exciting and immersive multi-touch experiences in the market based on the requirements of 3M's customers.

3M remains focused on inventing new products and maintaining its competitive advantage worldwide. The rise in demand for innovative 3M product services is likely to augment its overall revenues.

3M, together with its subsidiaries, operates as a diversified technology company with manufacturing operations spread over 70 countries. The company aims to deliver innovative security solutions to businesses and governments worldwide, thus maintaining the security of people and documents.

3M currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look include Marubeni Corp. (MARUY), Hutchison Whampoa Ltd (HUWHY) and Mitsubishi Corp.  (MSBHY), each carrying a Zacks Rank #2 (Buy).

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