Kineo CAM in the running for ICT technology prize

Four French companies amongst final twenty competing for top European technology prize

20 finalists have been announced for one of Europe's most coveted technology prizes.

At stake - a total of EURO700,000 in prize money, to be awarded to the winning candidates 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.

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 that will compete for a share of the EURO700,000 prize money.

The Winners and Grand Prize Winners will be announced at an awards ceremony at CeBIT, one of the world's major ICT events, in Hanover, Germany on March 16th.

Germany heads the list of finalists with an impressive 7 representatives, followed by France (4), Austria (3), Sweden (2) and Finland, Israel, Norway and the UK each with 1 finalist.

The finalists from France are Digimind, Intrasense, Kineo CAM and TEMIS.

For the companies selected, nomination for the Grand 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.

The Commission will select the Winners and Grand Prize Winners in March, based on the ratings of the judges.

Prizes will be presented by European Commissioner Mrs Viviane Reding at CeBIT on March 16th.

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