HELLENIC TELECOM ORGANIZATION : The competition "BUSINESS IT EXCELLENCE" begins

Athens, April 21st, 2015

The Competition 'BUSINESS IT EXCELLENCE'begins and OTE and COSMOTE call upon anyone who has developed solutions in the 'Internet of Things' (IoT) sector to compete for €30,000 worth of advertising, as well as the collaboration of their company with the OTE Group.

Interested parties[1]may submit their applications up to Monday, May 25th, in order for the most innovative solutions to be highlighted; solutions that can increase business productivity. Besides the promotion of their solution via the 'BUSINESS IT EXCELLENCE' competition to the domestic Greek market, all participants in possession of an idea that can be applied and promoted internationally, will have the opportunity to present it in 7 more European countries, namely Austria, Croatia, FYROM, Germany, Hungary, Romania, and Slovakia.

For more information, as well as participations forms, interested parties may visit the webpagewww.businessitexcellence.gr.

Furthermore, any interested company may vote on the 'Internet of Things' solution they prefer and become 'Supporters' of the contest proposals, in order to claim €20,000 worth of advertising. The voting process will commence on May 11th 2015.

CISCO, an innovation company active in developing network technologies is the Group's strategic partner in organizing the'BUSINESS IT EXCELLENCE'competition. OTE and COSMOTE, always at the fore of technological evolution, inform the business world of the unlimited potential offered by the 'Internet of Things' sector, and steadily contribute to the development of highly advanced technological services.