3M Completes Acquisition of Archon Technologies Inc.
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3M Corporate Headquarters, 3M Center
St. Paul, MN, 55144
Press release date: August 1, 2006
ST. PAUL, Minn--Aug. 1, 2006--3M announced today that it has completed the acquisition of Archon Technologies Inc., a Denver, Colo.-based provider of enterprise software solutions for motor vehicle agencies.
Archon's enterprise software systems manage and integrate motor vehicle agency operations including vehicle registration, titling, driver licensing, professional licensing, dealer credentialing and revenue management. This acquisition strengthens 3M's core solutions that help motor vehicle agencies operate more efficiently and deliver excellent customer service.
About 3M - A Global, Diversified Technology Company Every day, 3M people find new ways to make amazing things happen. Wherever they are, whatever they do, the company's customers know they can rely on 3M to help make their lives better. 3M's brands include Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti. Serving customers in more than 200 countries around the world, the people of 3M use their expertise, technologies and global strength to lead in major markets including consumer and office; display and graphics; electronics and telecommunications; safety, security and protection services; health care; industrial and transportation.
Contacts 3M, St. Paul Media Contact: Donna Fleming, 651-736-7646 or Investor Contacts: Matt Ginter, 651-733-8206 or Bruce Jermeland, 651-733-1807