Coding Technologies has won the Stora Teknikpriset, the annual technology award from Sweden’s technical news magazine Ny Teknik.
Coding Technologies has won the Stora Teknikpriset, the annual technology award from Sweden’s technical news magazine Ny Teknik. The prize honours the founding team at Coding Technologies - Lars Liljeryd, Fredrik Henn, Kristofer Kjorling and Per Ekstrand - for contributing the core idea to the company’s audio compression technology aacPlus since its formation. The award is arranged by Ny Teknik together with Sweden’s Governmental Agency for Innovation, Vinnova.

It aims to reward the development of Swedish technology which is already being used in the market, with this year’s nominations including ABB Power Technologies and Aracam, alongside Coding Technologies.

The internationally standardised aacPlus from Coding Technologies is the world’s most efficient audio compression technology, and is deployed in digital broadcasting, mobile music, and Internet streaming services across the world.

‘I am very proud to receive this award, especially considering the other two very excellent nominees’.

‘This award confirms that our technology gives our customers a competitive edge on the market’.

‘It is fantastic that my invention has led to a world wide standard that improves the listening experience for millions of people’, says Lars Liljeryd, inventor and founder of Coding Technologies.

The jury included Margareta Norell Bergendahl, Principal of the Royal Institute of Technology in Stockholm, Staffan Helgesson, from the private equity firm Creandum, Claes Wilhelmsson, former Head of research at Astra and Lars Nilsson, Editor in Chief at Ny Teknik, among others.