T-VIPS AS, a Norwegian technology company that designs, builds and supplies world-leading solutions for contribution & distribution of broadcast quality video signals over IP networks, today announces that it was one of 20 winners of 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. Following the initial selection in January of 70 nominees from a record-breaking 450 candidates, the judges faced the difficult task of choosing the final 20 companies. The winners were announced at an awards ceremony at CeBIT, one of the world's major ICT events, in Hanover, Germany on March 16th.
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 Prize is supported by the European Commission as part of its efforts to promote Europe's ICT industry and boost growth. Participation is open to candidates from 33 countries. Prizes were presented by European Commissioner Mrs Viviane Reding.