The Danish royal ship Dannebrog was the setting on June 15 for Prince Henrik of Denmark to hand out this year’s King Frederik IX award for excellence in export in the IT technology sector. Milestone Systems, Copenhagen, president and chief executive officer Lars Thinggaard accepted this honor.

Since its founding twelve years ago, Milestone Systems has been recognized by IMS Research five years in a row as number one in the world in the open platform IP network-based video surveillance software market sector. Milestone has measured an average annual growth of 40 percent, with 94 percent of its business today done via export.

“Our channel partners are an important cornerstone in our access to the market, so the honor for the success we achieve is also shared by them,” said Thinggaard. “[This award] illustrates how our industry is on a growth trajectory. Milestone is helping to drive the conversion from analog to IP surveillance technology, which presents huge potential for us — both on the home front and in markets around the globe.”