3M Library Systems, a part of diversified conglomerate
), recently announced its plans to introduce a new standard for
eBook and eAudiobook lending with the newest 3M Cloud Library
patron application rolling out in early Aug 2014.
3M's strategic move is intended to increase e-book and eAudiobook
circulation and provide all the possible benefits and convenience
to the users. The new application will help users to identify and
implement the right solution for any e-book purchase. The new 3M
Cloud Library application offers patron personalization and makes
eBook lending, browsing and reading easier and users get ideas for
better browsing and audio books. Along with an improved
application, 3M Cloud Library's features expand content offerings
from new publishing partners, bringing the platform's total title
collection to more than 300,000 high-quality offerings.
The company will be presenting these new additions to its 3M Cloud
Library portfolio at the American Library Association (ALA) Annual
Conference to be held from Jun 26-Jul 1 in Las Vegas, NV.
3M remains focused on inventing new products and maintaining its
competitive advantage worldwide. The rise in demand for such
innovative 3M product services is likely to augment its overall
3M, together with its subsidiaries, operates as a diversified
technology company with manufacturing operations spread over 70
countries worldwide. It has more than 35 business units organized
into six segments: Consumer and Office, Display and Graphics,
Electro and Communications, Healthcare, Industrial and
Transportation, Safety, Security and Protection Services.
3M currently has a Zacks Rank #3 (Hold). Other stocks that look
promising and are worth a look now include
Hutchison Whampoa Ltd
Noble Group Limited
), all carrying a Zacks Rank #2 (Buy).
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