MEDIA RELEASE PR39623
Jesper Balser New Chairman of the Board for Milestone Systems
COPENHAGEN, May 20 /PRNewswire-AsiaNet/ --
Milestone Systems, the global leader for open platform IP video
management software, announces that Jesper Balser has now taken over the
reigns as Chairman of the Board. Ole Stangegaard, who held the position for
nine years, has chosen to resign and enjoy his retirement. Jesper Balser
joined the Board of Directors for Milestone in late 2009.
"Jesper Balser has challenged and inspired us since the first day he
became a member of the Board. I am sure that as our Chairman he will drive us
forward on our track of continued growth. Jesper supports Milestone's
strategies to win larger market share in the coming years," says Lars
Thinggaard, CEO & President of Milestone Systems. "Jesper Balser has strong
experience in developing global channels for software business, and we are
pleased to gain from that expertise."
In 1985 Balser co-founded Navision and as CEO steered that company's
growth to become an international provider of ERP business management
software, taking it public in 1999. That company was acquired by Microsoft
Corporation in 2002 and became a new division called Microsoft Business
Solutions, where Balser served as Head of Global Strategy for a time.
"It's a gift to get the opportunity to stand at the helm of a company
that has it all: the market for Milestone products is in steady growth,
partly because the security market is in focus and partly due to the
migration from analog to IP-based video surveillance. Milestone furthermore
has a business model that makes it possible to service the global market
effectively - with motivated employees who dare to set high goals and the
will to achieve them," states Jesper Balser, Chairman, Milestone Systems.
The number of Milestone employees has expanded to 215 from 151 in 2008,
growing consistently since the company was established in 1998. In 2009
Milestone continued to increase investments in product development, up 15
percent from 2008. During the same period, there was a 200 percent growth in
sign-ups for the Milestone Solution Partner program: today 240 companies
integrate their solutions such as access control, video analytics and retail
systems with Milestone's open platform XProtect(TM) IP video management
software.
In parallel, Milestone collaborates with over 80 hardware manufacturers
to ensure that XProtect software supports the latest choices in network video
cameras and encoders - over 800 different models to date. This means that
installation partners in 107 countries can implement the best surveillance
solutions for each customer's needs.
About Milestone
Founded in 1998, Milestone Systems is the worldwide industry leader in open
platform IP video management software, according to IMS Research five years
in a row. Milestone XProtect(TM) products have been installed in thousands of
customer installations, sold through authorized and certified partners in
more than 100 countries. With support for the widest choice in network
hardware and integration with other systems, XProtect provides best-of-breed
solutions to 'video enable' organizations - reducing costs, optimizing
processes, protecting people and assets. For more information please visit
SOURCE: Milestone Systems
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