Competitors in the German Year Award belong to IT, pharmaceutical, environment protection, automobile, engineering, chemistry, and medical device technology and lumber industries. Professor NikolausFranke, PhD and his team, performed the product pre-selection process. The team analyzed value to the customer, new product technology in comparison to the existing products, and the economic success of the new product. Recognized industry experts and entrepreneurs across several business sectors made the final selection. VARTA Coinpower won 34% of all available points. "Learning that our research and development work was honored by such an esteemed jury of experts is an important recognition for us", added Mr. Schein.