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News Release from: Euro-Case
Edited by the Electronicstalk Editorial Team on 30 January 2007
UK companies in line
for European ICT Prize
Three companies from the UK are among the 70 candidates nominated for the 2007 European Information and Communications Technology Prize
70 nominees have been announced for one of Europe's most coveted technology prizes, the 2007 European Information and Communications Technology Prize. At stake is a total of Eur 700,000 in prize money, to be awarded to the winning candidates. Three companies from the UK are among the 70 candidates nominated: the Royal National Institute for Deaf People, ScanSafe and Transitive Corporation.
Related stories
European ICT prizes are up for grabs
The European ICT Prize is the most distinguished award for innovative products and services that represent the best of European innovation in information and communication technologies
ICT prize shortlist is narrowed to 20 finalists
Transitive Corp is the sole UK company on the shortlist for the 2007 European Information and Communications Technology Prize
The prize is awarded to companies for new and imaginative products and services based on information and communications technologies, or 'digital technologies'.
This covers the converging fields of computer, media and communications industries - considered to be among the driving forces in modern economies.
The prize is supported by the European Commission as part of its efforts to promote Europe's ICT industry and boost growth.
Further reading
Prizes celebrate European innovation
The 2006 European IST Prizes have been awarded at a gala ceremony in the Hofburg Palace in Vienna
Participation is open to candidates from 33 countries.
This year, the judges faced the daunting task of evaluating 450 candidates from 30 countries - an all-time record in the 13 years of the prize.
For the companies selected, nomination for the prize is an endorsement of their technological and business potential.
It boosts their commercial prospects and helps attract finance for their business ventures.
The nominees also compete for a share in that Eur 700,000 prize money.
Following further tough evaluations, the judges will propose 20 finalists from among the nominees.
The European Commission will select the winners and grand prize winners in March, based on the ratings of the judges.
Each winner carries off a prize of Eur 5000.
The three grand prize winners each walk away with a cheque for Eur 200,000.
The grand prize winners will be revealed at the awards ceremony, on 16th March 2007.
This year, the ceremony takes place, at CeBIT, one of the world's major ICT events, in Hanover, Germany.
European Commissioner Viviane Reding will award the prizes.
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