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Another Good Year for Milestone Systems

COPENHAGEN April 26, 2012

Milestone Systems publishes its 2011 Annual Report

Milestone Systems, the open platform company in IP video management software, has delivered strong results for 2011 and continues impressive growth with profitability and investments in research and development.

DKK 266 M USD 46.89M DKK 217.2M USD 38.3M DKK 44.8M USD 7.9M DKK 10.3M USD 1.8M

Brazil Bulgaria Lars Thinggaard

Long-term investments and innovative products

DKK 50.2M USD 8.9M

DKK 50.2M USD 8.9M

Expectations for the future

Milestone has great expectations for continued growth in the global market for IP video surveillance. In 2012, Milestone will continue to invest in expansion of the product portfolio and in employee and management development, as well as training of the sales channel and opening offices in new markets. Today Milestone has more than 10,000 certified partners worldwide and in 2012, Milestone will host more than 20 partner conferences globally.

31 December 2011

     Milestone Systems amount         2011                2010   2010 to 2011     (DKK and USD millions)                                  Revenue                       DKK 266 /        DKK 217.2M /                                USD 46.89M           USD 38.3M           22 %     EBITDA                     DKK 44,8 M /           DKK 54M /                                  USD 7.9M            USD 9.5M          -17 %     Net income                  DKK 10.3M /          DKK 21.5 /                                  USD 1.8M            USD 3.8M          -52 %     Average number of     employees                         310                 246           26 % 

About Milestone Systems


SOURCE Milestone Systems

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