ObjectVideo AND MILESTONE SYSTEMS Announce STRATEGIC ALLIANCE

World Market Leaders in IP Video Management and Intelligent Video Team to Provide New Analytic Product Offerings

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.