ObjectVideo and Milestone announce strategic alliance

Market Leaders in IP Video Management and Analytics team up.

COPENHAGEN, Denmark, 9 May 2006

ObjectVideo®, the leader in intelligent video, and Milestone Systems, the world market leader for open platform IP video surveillance software announced today a new strategic technology and marketing alliance.

This innovative relationship will enable both commercial and government, public and private customers to deploy the best IP video management platform equipped with the leading video analytics capability on the market today. According to IMS research, the demand for IP-based solutions continues to grow, and the joint offerings of companies like ObjectVideo and Milestone Systems will meet the critical needs of customers in banking, education, retail, transportation, homeland security and other key industries.

Lars Thinggaard, CEO & President of Milestone Systems, observed "The Milestone Systems product line provides the best software for digitally managing and processing video surveillance in network server-based installations. Integrating ObjectVideo’s intelligent video capabilities with Milestone’s platform will enable many companies to more effectively leverage video they are capturing."

Altogether, Milestone Systems and ObjectVideo offerings are deployed in 60 countries for more than 10,000 unique customers worldwide, demonstrating that the need for advanced digital security solutions is global and growing.

"Aligning the capabilities of ObjectVideo and Milestone Systems will allow for greater deployment of video surveillance solutions utilizing video analytics, providing stronger, more comprehensive solutions for customers," added Raul J. Fernandez, Chairman and Chief Executive Officer of ObjectVideo.


About ObjectVideo
ObjectVideo® is the leading provider of intelligent video software for security, public safety, business intelligence gathering, process improvement and other applications. Based upon patented computer vision technology, ObjectVideo products turn video into data to detect, classify and track objects of interest according to user defined rules. Users then receive alerts in real time, allowing them to proactively address threats and other events of importance within their environment, as well as to forensically review the video data for more effective operational planning. ObjectVideo intelligent analytics are available to original equipment manufacturers (OEMs) as ObjectVideo OnBoard™, a digital signal processor-based program for inclusion into edge security and IT devices. The technology is being used in a variety of environments, from protecting U.S. Marines in a war zone to monitoring schools for student safety and security. It is currently deployed in more than a dozen countries, having sold more than 40,000 video channels within the last year. ObjectVideo products are marketed and sold through a worldwide network of partners including OEMs, integrators and leading information technology companies to markets that include Homeland Security, Transportation, Banking and Education. www.objectvideo.com