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Last updated on February 13, 2012 at 17:08 EST

Jesper Balser Joins the Board of Milestone Systems

October 22, 2009

COPENHAGEN, October 22 /PRNewswire/ –

– Global Market Leader for Open Platform IP Video Software Expands
Director Group With Previous Navision Co-Founder and Microsoft Business
Solutions Head of Global Strategy

Milestone Systems, the open platform company in IP video management
software, announces that Jesper Balser has joined the Board of Directors to
add further strategic competence with an eye towards the organization’s
continued international expansion.

“It is very positive that Jesper Balser joins the Milestone Board of
Directors. Over the years we have built up an international sales and
distribution channel, and our expansion continues – the latest initiative
being this year’s new subsidiaries in Australia and Spain,” comments Lars
Thinggaard, President & CEO, Milestone Systems. “ Jesper Balser has great
experience with developing global business channels for software, and we are
pleased to gain from that expertise.”

Mr. Balser co-founded Navision in 1985 and as CEO steered that company’s
growth for 18 years to become an international provider of ERP business
management software. Mr. Balser took Navision public in 1999 and the company
was acquired by Microsoft Corporation in 2002 – their largest acquisition to
date for USD 1.55 billion. Navision became a new division called Microsoft
Business Solutions. Balser then served as that division’s Head of Global
Strategy until leaving to pursue other interests as an investor and
entrepreneur for a number of technology firms.

“Milestone is an exciting company in a very interesting sector. I am
impressed with how much has been achieved since its start in 1998. Milestone
has already documented its ability to compete in the global market. Now the
international expansion will be accelerated and systemized, where I hope my
background will contribute,” says Jesper Balser.

Milestone software is sold through authorized partners in 107 countries
and currently has its own offices in 11 of these. The growing Milestone
eco-system includes well-developed partner programs with training and
certifications, solution partner integrations, and broad alliance
manufacturer support.

The last new member to the Milestone Systems Board of Directors occurred
in July 2008 with the involvement of Index Ventures partner Guiseppe Zocco
when his company invested USD 27 million in growth stage funding.

About Milestone Systems

Founded in 1998, Milestone Systems is the leading global developer of
open platform IP video management software. XProtect(TM) gives users a
powerful surveillance solution that is easy to manage, reliable and proven in
thousands of customer installations worldwide. With support for the
industry’s widest choice in network hardware and integration with other
systems, XProtect provides best-of-breed solutions to ‘video enable’
organizations – reducing costs, optimizing processes, protecting people and
assets. Milestone software is sold through authorized and certified partners.
For more information please visit http://www.milestonesys.com.

SOURCE Milestone Systems


Source: newswire