18.07.2006 11:00:00
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3M to Acquire Security Printing and Systems Limited -- Acquisition Broadens 3M's Secure Document and Issuance Platform
SPSL has provided passports to the U.K. Government for more thanfour decades. SPSL's position as a trusted source for securitydocument expertise and biometric passports incorporating RFIDtechnology complements 3M's own expertise in RFID, security laminatesfor passports and secure document issuing systems.
"The addition of SPSL to our line of products for secure documentssuch as passports, ID cards, driver's licenses and visas, and securedocument issuance systems will allow us to deliver a full range ofborder and civil security solution products," said David Cook,director, Safety and Security Systems, 3M United Kingdom.
Supported by SPSL the Identity and Passport Service in the U.K. iscurrently in the process of transitioning from digital passports tobiometric passports with personal data integrated in an RFID chip,which provides significant additional protection against fraud andforgery.
"3M's global presence, technical innovation and strong customerfocus in the secure document marketplace will expand SPSL's globalreach," said Mike Delkoski, division vice president, 3M SecuritySystems Division.
"The Identity and Passport Service is at the forefront ofbiometric and identity document technology and we remain committed toproviding technical expertise and high quality service which willsupport all our customers' strategic requirements," said Frank Toner,CEO of SPSL. "In addition, we look forward to the possibilities ofexpanding our business through 3M's global reach."
The transaction is expected to close by the end of the month,subject to customary closing conditions.
About authentos GmbH
authentos GmbH, is the holding company of SPSL and BundesdruckereiGmbH, the German manufacturer of electronic passports, securitydocuments and bank notes.
authentos GmbH, Oranienstrasse 91, 10958 Berlin, Germany
Tel.: + 49 - 30 - 25 92 98 - 44
www.authentos-group.com
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 theycan rely on 3M to help make their lives better. 3M's brands includeScotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete,Command and Vikuiti. Serving customers in more than 200 countriesaround the world, the people of 3M use their expertise, technologiesand global strength to lead in major markets including consumer andoffice; display and graphics; electronics and telecommunications;safety, security and protection services; health care; industrial andtransportation.
Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete,Command and Vikuiti are trademarks of 3M.
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