3M Collaborates with I&T Innovation Technology to Deliver Wiring Systems for Global Automotive Market.ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn. -- 3M and I&T Innovation Technology announced today that they will collaborate to deliver flat flexible wiring systems for automotive interior applications to the global automotive market. Terms of the agreement were not disclosed. The collaboration combines I&T's unique wiring systems with 3M's global network and strong technical capability to bring flat flexible cables to automotive original equipment manufacturers (OEMs) worldwide. Flat flexible cables provide automotive manufacturers a weight, space and cost-saving alternative to traditional round wire cables. The current trend toward more electronics in vehicle interiors requires an increasing amount of signal wiring in automobiles. "Adding flat flexible wiring systems strengthens our solutions for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. and gives us an opportunity to grow our business in an expanding market," said Robert Brullo, division vice president, 3M Automotive Division. 3M provides more than 1,000 different products for automotive applications, including attachment tapes, bonding solutions, power train components, production consumables and trim and ornamentation ornamentation In music, the addition of notes for expressive and aesthetic purposes. For example, a long note may be ornamented by repetition or by alternation with a neighboring note (“trill”); a skip to a nonadjacent note can be filled in with the intervening . "This alliance with 3M gives us an excellent opportunity to expand our business and supply automotive customers worldwide by leveraging 3M's extensive global network and brand strength," said Dr. Harald Reiszner, managing director, I&T Innovation Technology. "Moreover, 3M's leadership in attachment technologies will create an added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
Pending regulatory approval, the new relationship is expected to begin during the first quarter of 2005. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. The statements contained in this press release that are not purely historical are forward-looking statements, including statements regarding 3M's and I&T Innovation Technology's expectations, beliefs, hopes, intentions or strategies regarding the future. All forward-looking statements included in this press release are based upon information available to the companies as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" , and the companies assume no obligation to update any such forward-looking statement. About I&T Innovation Technology I&T Innovation Technology was founded in Austria in 1999. The company is focused on the development and production of extruded flat flexible cables and wiring harnesses, primarily for on-board On board usually means to be traveling on some vehicle. For example, Baby On Board. Compare with overboard. Metaphorically, the term on-board is often used to refer to some piece of technology that is integrated in a moving vehicle, for example: In foods, any of various chemical substances added to produce desirable effects. Additives include such substances as artificial or natural colourings and flavourings; stabilizers, emulsifiers, and thickeners; preservatives and humectants (moisture-retainers); and technique that allows 3D-shaping and overmolding of the FPC fpc - A translator from Backus's FP to C. ftp://apple.com/comp.sources.Unix/Volume20. with plastic material including 3D MID (molded interconnected device) parts for the automotive and electronics industries. Together these technologies offer a broad spectrum of possibilities for customer-specific solutions. About 3M -- A Global, Diversified Technology Company Every day, 3M people find new ways to make amazing a·maze v. a·mazed, a·maz·ing, a·maz·es v.tr. 1. To affect with great wonder; astonish. See Synonyms at surprise. 2. Obsolete To bewilder; perplex. v.intr. 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 scotch 1 tr.v. scotched, scotch·ing, scotch·es 1. To put an abrupt end to: The prime minister scotched the rumors of her illness with a public appearance. 2. , Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti. Serving customers in more than 200 countries around the world, the company's 67,000 people 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. 3M, Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti are trademarks of 3M. |
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