IVote Award Winner of the European Venture Contest 2013 in Category of ICT

Online, December 25, 2013 (Newswire.com) - iVote, the leading provider of elections management systems, is the award winner of the European Venture Contest at the 7th finale edition held at the European Venture Summit in Dusseldorf, 09 - 10th December. This prestigious event, organized by Europe Unlimited, is the place where prospective, innovative start- up companies meet potential investors and provide secure funds for further development and advancement.

Investor jury reviewed the 120 presenting companies at the European Venture Summit and the top companies in 3 categories were declared award winners of the European Venture Contest.

iVote as one of awarded companies selected by the grand jury in the category of ICT, was rated with highest score for its business potential for international expansion and innovative market stand-out products and services. The iVote's business model and potential market of customers are seen as very attractive for international expansion. The state of the art technology used to deliver advanced products and teams professional experience, gained significant investment and partnership interest.

"We were given the great opportunity during the European Venture Contest process to network with potential partners and to be approached for funding of our market expansion strategy. This award is the acknowledgment of the right approach we are taking and embodies the commitment of every single member of the iVote family." said prof. Ljupcho Antovski, board member and COO of iVote.

European Venture Summit was attended by more than 400 participants. Only 120 selected companies from 800+ applicants had the chance to pitch their business potential in front of venture capital investors and business angels. Given the 8 minutes for presentation, the best companies were declared winners of the European Venture Contest 2013 at the closing ceremony.

About iVote and iVote Demokra:
iVote is company specialized in election modernization technologies. iVote's Demokra is an end-to-end state of the art election management platform, providing high security and transparency. iVote Demokra technology has been trusted by more than 107 million voters processed around the world. It has contributed to the most timely, transparent and credible election results in the history as democracies in many countries worldwide.