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News & Events > Press Releases 2001

September 21, 2001 - Paris, France

For Immediate Release -
Category : News/ Software/ Interactive 3D Development Software

VIRTOOLS™ Selected a Winner of the Prestigious 7th Annual IST Prize


Dusseldorf, Germany - September 30, 2001 - Virtools™, market leader in the world of interactive 3D development solutions, was selected one of 20 winners in this year's IST Prize by the Euro-CASE and the Information Society Technologies Program of the European Commission.

Chosen out of 294 entries from 26 different countries, Virtools™ and it's groundbreaking technology, Virtools™ Dev 2.0, win €5,000 in initial prize money and will be presented at the European Information Society Technologies Conference (IST 2001). Virtools is also nominated for the IST Grand Prize to be announced December 3rd. An Executive Jury, composed of independent, highly respected European personalities, will select the three Grand Prize Winners from the list of 20 Winners. Each Grand Prize Winner will receive € 200,000 and the European IST Prize Trophy. The Awards Ceremony will take place during the annual Information Society Technologies Conference (IST 2001).

Now in its seventh year, the European IST Prize is an award for groundbreaking products that represent the best of European innovation in information technology. It provides public recognition and a highly visible profile to entrepreneurial teams that excel in generating novel ideas and R&D and converting them into marketable products. The high standards of applicants and the competitive screening procedure for selecting the winners make this prize the most distinguished for new Information Technology driven products.


About the IST Prize

The aim of the award is to promote and reward excellence in the technologies of the information society and to stimulate entrepreneurship, innovation, and competitiveness in industry. The award is distinguished for its excellence, clear objectivity and immediate relevance to business and society. This distinction gives the clearest mark of recognition to the Winners, a recognition which has shown itself to provide a blue-chip reference for all stakeholders, whether upstream financiers or downstream customers.

The European IST Prize is organised by the European Council of Applied Sciences and Engineering (Euro-CASE), with the sponsorship and support of the Information Society Technologies Programme of the European Commission.


For more information:

http://www.cordis.lu/ist/home.html
http://www.ist-prize.org/index.html
http://www.euro-case.org/


About Virtools™ Dev 2.0

Virtools' revolutionary technology allows you to create interactive applications by graphically assembling "behaviors" in Dev 2.0's intuitive interface. Flexible and easy-to-use, Virtools' reusable "behavior building blocks" accelerate the production cycle and reduce production costs. Use the "behavior library" or program your own behaviors with Virtools' Software Development Kit (SDK).


About Virtools™

Founded in 1993, Virtools™ enables Global 2000 companies and their integrators, as well as game studios, to develop and deploy 3D applications with game-like interactivity. Costs and timeframes are kept under control through a scalable set of software and server-based solutions that reduce the risks associated with developing interactive applications.

Intel and France Telecom are among the growing number companies that have benefited from Virtools technology. Using Virtools, clients reduce development costs and increase interactivity. Virtools software is used by online and offline game development studios such as: Disney Imagineering, Havas Interactive, Acclaim, Microïds, and Terratools.

Contacts:
info@virtools.com

Virtools
93, rue Vieille du Temple
75003 Paris
France
Tel: (+33) 1 42 71 46 86
Fax: (+33) 1 42 71 86 53

email: info@virtools.com