Hikvision Partners with Milestone Systems in IP Video Management Software

Hikvision Digital Technology Co., Ltd., the leading supplier of digital video surveillance products with headquarters in China, has established a partnership with Milestone Systems, the world leading developer of open platform IP video management software

COPENHAGEN - November 5th, 2008. Hikvision Digital Technology Co., Ltd., the leading supplier of digital video surveillance products with headquarters in China, has established a partnership with Milestone Systems, the world leading developer of open platform IP video management software.

Lars Thinggaard (Milestone CEO), Mr. Zhou Zhiping (Hikvision), Lo Yew Seng (Milestone Singapore Director) and Anders Fogh Rasmussen (Prime Minister Denmark)

The partner agreement was signed in Shanghai, China Oct. 21st by Zhiping Zhou, Hikvision's vice president of International Business, and Lars Thinggaard, president and CEO of Milestone Systems, in the presence of Danish Prime Minster Anders Fogh Rasmussen. Mr. Rasmussen was in Shanghai to advance the cooperation between China and Denmark in business and climate-related issues.

Through this partnership, Hikvision's IP surveillance products, such as network cameras and multi-purpose digital video servers, will be compatible with the Milestone XProtect IP video management platform. Hikvision will then introduce the world leading XProtect platform into the Chinese surveillance market, with an eye to expanding it later on for customers worldwide.

"Though Hikvision's IP video surveillance products are newly introduced to the market, we have received many positive feedbacks, and have seen a great potential in the booming IP surveillance market. The partnership with Milestone is definitely one of the major steps for us to provide a higher value in the video surveillance industry. With the integration of Hikvision's high-performance IP video surveillance products with Milestone's powerful, reliable and highly scalable video management software, the market will be able to enjoy solutions that meet various requirements from diversified and critical security applications," said Zhou.

"Milestone Systems is a company in continuing fast growth, so China – and Asia in general – is one of the important regions where we want to strengthen our presence," said Thinggaard. "The Chinese market without a doubt represents huge potential and will be a natural place to have representation in relation to our partner network in all of the Asian market. The Milestone partner agreement with Hikvision is a big step on the way to increase our footprint in the Chinese business landscape."

Milestone will co-exhibit with Hikvision at the Beijing Security show in the beginning of December.
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About Hikvision
Hangzhou Hikvision Digital Technology Co., Ltd., the leading supplier of digital video surveillance products with the headquarters in China, has three decades of experience in research and development of video technology. From A/V Compression Boards, Embedded Net DVRs and Multi-purpose Digital Video Servers, to networked front-end products such as IP Cameras and IP Speed Domes, Hikvision provides the most advanced H.264 solution for digital surveillance industry based on its owned patented algorithms. With 1300 employees located all over China and around the world, in which 400 are R&D engineers, Hikvision has expanded the business from China to worldwide. The dynamic growth has made the company awarded three years in a roll by Deloitte as Top 50 High-tech Fast-growing Enterprise in China, as well as Forbes' Most Potential SMEs in China (No. 4 in 2008). For more information, please visit www.hikvision.com.