COPENHAGEN - November 5th, 2008. Hikvision Digital Technology Co., 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.
The partner agreement was signed in Shanghai, China Oct. 21st by Zhiping Zhou, Hikvisionâ€™s vice president of International Business, and Lars Thinggaard, president and CEO of Milestone Systems, with 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, Hikvisionâ€™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 Hikvisionâ€™s IP video surveillance products are newly introduced to the market, we have received numerous 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 Hikvisionâ€™s high-performance IP video surveillance products with Milestoneâ€™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 â€“ and Asia in general â€“ 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.