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3M Company (MMM - Analyst Report) was recently adjudged the best in its category for 3M Cogent MiY-Touch indoor touch-screen biometric access control reader at the New Product Showcase (NPS) 2013 exhibition arranged by the Security Industry Association (SIA) in Las Vegas.

SIA is a trade association for electronic and physical security solution providers. As new security standards emerge, companies are looking for security products to meet the increased demands for security challenges. The MiY-Touch indoor biometric touch-screen access control reader is designed to meet such demands with a highly sophisticated, accurate, and physical access control terminal.

3M remains focused on inventing new products to maintain its competitive advantage worldwide. The security system integrators enjoy the benefits of time and attendance features in the new control reader. It is user-friendly with external USB for devices, Sandbox API framework support, and also provides an optional detachable contact and contactless smart card reader to meet the current control reader standards.

The award win at NPS is prestigious for 3M and is likely to encourage new product developments in the near future. We also remain encouraged by the continuous launch of new products by 3M, which are likely to fuel its growth engine.

3M together with its subsidiaries operates as a diversified technology company with manufacturing operations spread over 70 countries worldwide. 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 now are Honeywell International Inc (HON - Analyst Report), Macquarie Infrastructure Company LLC (MIC - Snapshot Report) and Crane Co (CR - Snapshot Report), each having a Zacks Rank #2 (Buy).

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