The award to the EFE Agency aims to acknowledge the work of various generations of communications professionals who have managed to make it into one of the big five world-wide information agencies, and the premier Spanish language agency. A highly-important communications link between Spain and Latin America, and between the various Spanish-speaking countries, in 1995 it has expanded its services, setting up a news service in Arabic. The jury has decided that this prize should be shared by the Spanish philosopher José Luis López Aranguren, one of the Spanish thinkers who has re-injected most vigour into philosophy and who has best known how to transmit it.

With little more than half a century behind it, the EFE Agency has its own editorial offices in the major capitals of the world and in each and every European and American country. According to a study by the Latin-American Institute of Trans-national Studies, EFE has reached in recent years the top place in the supply of information to the Latin-American community, with 21.7 percent of the total, above AP and Reuters. In Spain, the average amount of agency information published by a daily newspaper amounts to 65.7 percent of the total, of which 69.6 percent corresponds to EFE.

As well as these services, the Agency has developed one of the few public access databases in Spain (EFE-DATA) and it also makes news programmes for radio and television, which are currently distributed and broadcast in Spain and Latin America. The EFE Agency also maintains strict vigilance over the correct use of the Spanish language, with a team of philologists who daily watch over purity of style and linguistic unity, and inform different departments of the infractions detected. This is the only permanent telephone consultation service in the Spanish-speaking world, and has published a "Handbook of Effective Spanish", and various guides to good style, used by numerous communications media.