COPENHAGEN, Denmark, 30 January 2006Deloitte has listed Milestone Systems as a fast-growth European technology company for the third year running, having consistently achieved growth rates of more than 200%.
The Deloitte European Technology Fast 500 awards for the year 2005 include Milestone Systems, as it did for the same listings in 2004 and 2003. This annual ranking has been carried out by Deloitte since the year 2000, revealing the leaders of the European technology industry chosen from more than 20 countries in Europe, the Middle East and Africa. It is the most objective industry-ranking standard to focus on the technology sectors that include software, internet, communications and networking, life sciences and biotech, semiconductors and equipment, computers and peripherals. Researched and sponsored by the Deloitte Technology, Media & Telecommunications (TMT) Industry Group, the 500 public and private companies on this prestigious list earn the distinction of being the fastest-growing companies within the technology sector based on five-year revenue performance.
"Our ranking and survey tell us a lot about these remarkable businesses and we feel it is important to share this information with the wider business community," said Igal Brightman, Global Managing Partner of Deloitte Technology, Media & Telecommunications. "The overwhelming messages we are getting this year are confidence in growth, confidence in IP to deliver revenues, and reliance on and concern about people, who are the primary drivers of high-tech growth."
Milestone Systems A/S has now been chosen three years in a row for having achieved significant growth rates – more than 200% each year. A leading developer of true IP-based video surveillance management systems, Milestone makes software designed with open architecture, allowing customers the widest choice of hardware from manufacturers of network video cameras connected to a LAN, WAN or the Internet. The open platform and advanced technology also allow integration with other systems and devices for significant value-adding to a customer’s security investment.
Milestone solutions are robust and reliable, proven in operation on more than 100,000 cameras worldwide, throughout a wide scope of industries. Based out of Denmark and with offices in Italy, Japan and the USA, Milestone works with a qualified channel of more than 170 reseller partners in 55 countries.
"We are very pleased to again receive this honored recognition from Deloitte that highlights our continuing stature as a strong leader in the technology market," says Lars Thinggaard, CEO at Milestone Systems. "Our vision for IP is coming to fruition in the business world, with the innovative people in our company and partner channel helping to drive this positive evolution. Customers are reaping the many benefits of greater efficiency, effectiveness, and improved performance, combined with easier maintenance, operational flexibility, and system scalability."