Since the early 1930s in Wieselburg, Austria, industrialist Eugen Wüster led a private centre studying terminology as part of his engineering firm.
In 1951 the Austrian Standards International (ASI) made Wüster general secretary responsible for its terminology principles and coordination efforts (the ISO/TC 37 technical committee).
Infoterm aims to coordinate terminological cooperation internationally to facilitate subject-area communication and knowledge exchange, enabling all who are active in a particular field to participate.
From 1997, Infoterm began awarding the now triennial Eugen Wüster Prize to recognize outstanding performance in the field of terminology.
Goals include exchanging information, mutual support and joint activities for projects, meetings, publications and so on, especially in the field of terminology.