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MILESTONE SYSTEMS A/S

CVR: 20341130

Growing 16% p.a.Large companyWell-established (28 yrs)Profitable

Secondary names: THE DEVELOPMENT COMPANY A/S, SOFTWARE RESOURCES A/S, MILESTONE GROUP A/S

Previous names: SCSK 2108 ApS, MILESTONE SYSTEMS ApS

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About MILESTONE SYSTEMS A/S

MILESTONE SYSTEMS A/S is a Danish company of the type Aktieselskab based in Brøndby, founded in 1997. The company is registered under the industry Anden udgivelse af software. The company was previously named MILESTONE SYSTEMS ApS and SCSK 2108 ApS. The management consists of Lars Larsen and Jeppe Frandsen. The company is owned by Canon Inc.. The company has 318 employees. In 2025, the company reported revenue of DKK 2,185,750,000 and a net result of DKK 183,383,000 compared with DKK 262,080,000 the year before. Equity amounted to DKK 1,651,974,000.

Milestone Systems A/S exhibits a strong financial trajectory, with significant revenue growth from 1.14 billion DKK in 2021 to 2.19 billion DKK in 2025, reflecting a robust annual increase. Profitability has fluctuated, peaking at 262 million DKK in 2024 before dropping to 183 million DKK in 2025, indicating potential volatility in profit margins. The company's equity has steadily increased, reaching 1.65 billion DKK in 2025, which underscores a solid financial foundation. While the revenue growth positions Milestone favorably within the software publishing industry, the decline in profit raises concerns about operational efficiency and cost management. Overall, the company is well-positioned for continued growth, but attention to profit margins will be crucial moving forward.

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Overview

Company type
A/S
Aktieselskab
Address
Banemarksvej 50, 2605 Brøndby
BRØNDBY
2605 Brøndby
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Founded
1.8.1997

Details

Industry
Anden udgivelse af software
Code: 582900
Employees
318 employees
285 FTE
(2018)
Capital
2.480.342 kr.

Contact

Phone
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Purpose

Selskabets formål er at drive IT-virksomhed med det primære formål at udvikle softwareprogrammer, handel og service vedrørende software og hardware samt drive konsulentvirksomhed indenfor IT-branchen samt hermed beslægtet virksomhed.

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
20252.2 mia.183.4 mio.4.2 mia.1.7 mia.1489
20241.8 mia.262.1 mio.3.8 mia.1.5 mia.1431
20231.7 mia.76.6 mio.2 mia.896.4 mio.1256
20221.5 mia.9.2 mio.1.8 mia.799.2 mio.1148
20211.1 mia.97.5 mio.1.5 mia.788.4 mio.956
20201 mia.54.4 mio.1.4 mia.706 mio.866
20191 mia.98.9 mio.1.3 mia.681.3 mio.776
2018924.9 mio.171 mio.1.1 mia.586.6 mio.658
2017853.5 mio.117.3 mio.859.8 mio.438.7 mio.586
2016665.5 mio.41.9 mio.672.7 mio.295 mio.581
2015557.9 mio.58.3 mio.561.7 mio.248.4 mio.472
2013354.6 mio.34.1 mio.386.3 mio.210 mio.389

How creditworthy is MILESTONE SYSTEMS A/S?

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Industry Benchmarks

View industry report

Compared to 1.256 companies in Anden udgivelse af software

Revenue
Company2.2 mia.
Industry median1.1 mio.
1924.1x
Profit margin
Company8.4%
Industry median25.0%
3.0x below
Employees
Company1.489
Industry median4
372.3x
Equity ratio
Company38.9%
Industry median61.0%
36% below

Comparison is based on industry median values

Ownership

Owners
Canon Inc.
100%
MILESTONE SYSTEMS A/S
CVR: 20341130

Management

Directors

Jeppe Frandsen(ADM. DIR.)
Lars Larsen(DIREKTØR)

Board

Lau Normann(FORMAND)
Seymour Erwin Liebman(NÆSTFORMAND)
John Sergio Blem(BESTYRELSESMEDLEM)
Minoru Asada(BESTYRELSESMEDLEM)
Monika Adele Germanaviciute(BESTYRELSESMEDLEM)
Muhammad Kamran Shafique(BESTYRELSESMEDLEM)

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Founders

HANS LAURITS JØRGENSEN ARKITEKTER ApS

Production units (2)

MILESTONE SYSTEMS A/S
P-no: 1004429564
Banemarksvej 50, 2605, Brøndby
Anden udgivelse af software
318 employees

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History

118 events
2026
MILESTONE SYSTEMS A/S updates contact informationMar 26, 2026

Contact info changed: new phone: 88300300 (March 26, 2026).

MILESTONE SYSTEMS A/S: The 2025 annual report is outMar 26, 2026

MILESTONE SYSTEMS A/S has published its annual report for 2025. Revenue came to DKK 2,185,750,000, and the net result was DKK 183,383,000.

2025
Seymour Erwin Liebman joins the board of MILESTONE SYSTEMS A/SNov 28, 2025

As of November 28, 2025, Seymour Erwin Liebman has joined the board of directors of MILESTONE SYSTEMS A/S.

Jeppe Frandsen leaves the board of MILESTONE SYSTEMS A/SNov 28, 2025

As of November 28, 2025, Jeppe Frandsen has left the board of directors of MILESTONE SYSTEMS A/S.

Jeppe Frandsen joins MILESTONE SYSTEMS A/S as adm. dir.Nov 28, 2025

As of November 28, 2025, Jeppe Frandsen is registered as adm. dir. of MILESTONE SYSTEMS A/S.

Thomas Jensen steps down as adm. dir. of MILESTONE SYSTEMS A/SNov 28, 2025

As of November 28, 2025, Thomas Jensen has stepped down as adm. dir. of MILESTONE SYSTEMS A/S.

Muhammad Kamran Shafique joins the board of MILESTONE SYSTEMS A/SJun 1, 2025

As of June 1, 2025, Muhammad Kamran Shafique has joined the board of directors of MILESTONE SYSTEMS A/S.

Vibeke Krog Olsen leaves the board of MILESTONE SYSTEMS A/SMay 31, 2025

As of May 31, 2025, Vibeke Krog Olsen has left the board of directors of MILESTONE SYSTEMS A/S.

MILESTONE SYSTEMS A/S: The 2024 annual report is outMar 27, 2025

MILESTONE SYSTEMS A/S has published its annual report for 2024. Revenue came to DKK 1,835,296,000, and the net result was DKK 262,080,000.

2024
Minoru Asada joins the board of MILESTONE SYSTEMS A/SOct 1, 2024

As of October 1, 2024, Minoru Asada has joined the board of directors of MILESTONE SYSTEMS A/S.

Gustaf Pontus Löfberg leaves the board of MILESTONE SYSTEMS A/SSep 30, 2024

As of September 30, 2024, Gustaf Pontus Löfberg has left the board of directors of MILESTONE SYSTEMS A/S.

MILESTONE SYSTEMS A/S: The 2023 annual report is outApr 3, 2024

MILESTONE SYSTEMS A/S has published its annual report for 2023. Revenue came to DKK 1,682,512,000, and the net result was DKK 76,592,000.

Monika Adele Germanaviciute joins the board of MILESTONE SYSTEMS A/SMar 15, 2024

As of March 15, 2024, Monika Adele Germanaviciute has joined the board of directors of MILESTONE SYSTEMS A/S.

2023
Marieta Georgieva Ivanova leaves the board of MILESTONE SYSTEMS A/SNov 30, 2023

As of November 30, 2023, Marieta Georgieva Ivanova has left the board of directors of MILESTONE SYSTEMS A/S.

Marieta Georgieva Ivanova joins the board of MILESTONE SYSTEMS A/SJul 31, 2023

As of July 31, 2023, Marieta Georgieva Ivanova has joined the board of directors of MILESTONE SYSTEMS A/S.

Steen Strandskov Andersen leaves the board of MILESTONE SYSTEMS A/SJul 31, 2023

As of July 31, 2023, Steen Strandskov Andersen has left the board of directors of MILESTONE SYSTEMS A/S.

MILESTONE SYSTEMS A/S: The 2022 annual report is outMar 30, 2023

MILESTONE SYSTEMS A/S has published its annual report for 2022. Revenue came to DKK 1,481,816,000, and the net result was DKK 9,233,000.

2022
MILESTONE SYSTEMS A/S: The 2021 annual report is outApr 21, 2022

MILESTONE SYSTEMS A/S has published its annual report for 2021. Revenue came to DKK 1,138,649,000, and the net result was DKK 97,454,000.

Gustaf Pontus Löfberg joins the board of MILESTONE SYSTEMS A/SApr 19, 2022

As of April 19, 2022, Gustaf Pontus Löfberg has joined the board of directors of MILESTONE SYSTEMS A/S.

Henrik Friborg Jacobsen leaves the board of MILESTONE SYSTEMS A/SApr 19, 2022

As of April 19, 2022, Henrik Friborg Jacobsen has left the board of directors of MILESTONE SYSTEMS A/S.

2021
Steen Strandskov Andersen joins the board of MILESTONE SYSTEMS A/SOct 29, 2021

As of October 29, 2021, Steen Strandskov Andersen has joined the board of directors of MILESTONE SYSTEMS A/S.

Vibeke Krog Olsen joins the board of MILESTONE SYSTEMS A/SOct 29, 2021

As of October 29, 2021, Vibeke Krog Olsen has joined the board of directors of MILESTONE SYSTEMS A/S.

Registered as owner of MILESTONE SYSTEMS A/SOct 29, 2021

As of October 29, 2021, is registered as an owner of MILESTONE SYSTEMS A/S with an ownership share of 100%.

MILESTONE SYSTEMS A/S: The 2020 annual report is outApr 8, 2021

MILESTONE SYSTEMS A/S has published its annual report for 2020. Revenue came to DKK 1,011,274,000, and the net result was DKK 54,357,000.

Lau Normann joins the board of MILESTONE SYSTEMS A/SApr 6, 2021

As of April 6, 2021, Lau Normann has joined the board of directors of MILESTONE SYSTEMS A/S.

Jeppe Frandsen joins the board of MILESTONE SYSTEMS A/SApr 6, 2021

As of April 6, 2021, Jeppe Frandsen has joined the board of directors of MILESTONE SYSTEMS A/S.

John Sergio Blem joins the board of MILESTONE SYSTEMS A/SApr 6, 2021

As of April 6, 2021, John Sergio Blem has joined the board of directors of MILESTONE SYSTEMS A/S.

Kenneth Hune Petersen leaves the board of MILESTONE SYSTEMS A/SApr 6, 2021

As of April 6, 2021, Kenneth Hune Petersen has left the board of directors of MILESTONE SYSTEMS A/S.

John Sergio Blem leaves the board of MILESTONE SYSTEMS A/SApr 5, 2021

As of April 5, 2021, John Sergio Blem has left the board of directors of MILESTONE SYSTEMS A/S.

2020
Lars Larsen joins MILESTONE SYSTEMS A/S as directorOct 1, 2020

As of October 1, 2020, Lars Larsen is registered as director of MILESTONE SYSTEMS A/S.

Thomas Jensen joins MILESTONE SYSTEMS A/S as adm. dir.Oct 1, 2020

As of October 1, 2020, Thomas Jensen is registered as adm. dir. of MILESTONE SYSTEMS A/S.

Lars Larsen steps down as adm. dir. of MILESTONE SYSTEMS A/SSep 30, 2020

As of September 30, 2020, Lars Larsen has stepped down as adm. dir. of MILESTONE SYSTEMS A/S.

MILESTONE SYSTEMS A/S: The 2019 annual report is outApr 20, 2020

MILESTONE SYSTEMS A/S has published its annual report for 2019. Revenue came to DKK 1,020,187,000, and the net result was DKK 98,923,000.

Lars Larsen joins MILESTONE SYSTEMS A/S as adm. dir.Apr 14, 2020

As of April 14, 2020, Lars Larsen is registered as adm. dir. of MILESTONE SYSTEMS A/S.

Lars Thinggaard steps down as adm. dir. of MILESTONE SYSTEMS A/SApr 14, 2020

As of April 14, 2020, Lars Thinggaard has stepped down as adm. dir. of MILESTONE SYSTEMS A/S.

Lars Larsen steps down as director of MILESTONE SYSTEMS A/SApr 13, 2020

As of April 13, 2020, Lars Larsen has stepped down as director of MILESTONE SYSTEMS A/S.

2019
Kenneth Hune Petersen joins the board of MILESTONE SYSTEMS A/SAug 1, 2019

As of August 1, 2019, Kenneth Hune Petersen has joined the board of directors of MILESTONE SYSTEMS A/S.

Lars Larsen leaves the board of MILESTONE SYSTEMS A/SAug 1, 2019

As of August 1, 2019, Lars Larsen has left the board of directors of MILESTONE SYSTEMS A/S.

Lars Larsen joins MILESTONE SYSTEMS A/S as directorAug 1, 2019

As of August 1, 2019, Lars Larsen is registered as director of MILESTONE SYSTEMS A/S.

Lars Thinggaard joins MILESTONE SYSTEMS A/S as adm. dir.Aug 1, 2019

As of August 1, 2019, Lars Thinggaard is registered as adm. dir. of MILESTONE SYSTEMS A/S.

Lars Thinggaard steps down as director of MILESTONE SYSTEMS A/SJul 31, 2019

As of July 31, 2019, Lars Thinggaard has stepped down as director of MILESTONE SYSTEMS A/S.

MILESTONE SYSTEMS A/S: The 2018 annual report is outMay 4, 2019

MILESTONE SYSTEMS A/S has published its annual report for 2018. Revenue came to DKK 924,872,000, and the net result was DKK 170,998,000.

2018
MILESTONE SYSTEMS A/S: The 2017 annual report is outApr 5, 2018

MILESTONE SYSTEMS A/S has published its annual report for 2017. Revenue came to DKK 853,511,000, and the net result was DKK 117,334,000.

2017
MILESTONE SYSTEMS A/S: The 2016 annual report is outApr 3, 2017

MILESTONE SYSTEMS A/S has published its annual report for 2016. Revenue came to DKK 665,498,000, and the net result was DKK 41,897,000.

Lars Larsen joins the board of MILESTONE SYSTEMS A/SMar 24, 2017

As of March 24, 2017, Lars Larsen has joined the board of directors of MILESTONE SYSTEMS A/S.

Henrik Friborg Jacobsen joins the board of MILESTONE SYSTEMS A/SMar 24, 2017

As of March 24, 2017, Henrik Friborg Jacobsen has joined the board of directors of MILESTONE SYSTEMS A/S.

John Sergio Blem joins the board of MILESTONE SYSTEMS A/SMar 24, 2017

As of March 24, 2017, John Sergio Blem has joined the board of directors of MILESTONE SYSTEMS A/S.

Lars Larsen leaves the board of MILESTONE SYSTEMS A/SMar 23, 2017

As of March 23, 2017, Lars Larsen has left the board of directors of MILESTONE SYSTEMS A/S.

Henrik Friborg Jacobsen leaves the board of MILESTONE SYSTEMS A/SMar 23, 2017

As of March 23, 2017, Henrik Friborg Jacobsen has left the board of directors of MILESTONE SYSTEMS A/S.

John Sergio Blem leaves the board of MILESTONE SYSTEMS A/SMar 23, 2017

As of March 23, 2017, John Sergio Blem has left the board of directors of MILESTONE SYSTEMS A/S.

2016
MILESTONE SYSTEMS A/S: The 2015 annual report is outApr 8, 2016

MILESTONE SYSTEMS A/S has published its annual report for 2015. Revenue came to DKK 557,915,000, and the net result was DKK 58,262,000.

Hans Jørgen Skovgaard leaves the board of MILESTONE SYSTEMS A/SMar 16, 2016

As of March 16, 2016, Hans Jørgen Skovgaard has left the board of directors of MILESTONE SYSTEMS A/S.

Søren Eschricht Jensen leaves the board of MILESTONE SYSTEMS A/SMar 16, 2016

As of March 16, 2016, Søren Eschricht Jensen has left the board of directors of MILESTONE SYSTEMS A/S.

Artur Gevorkovic Magaljan leaves the board of MILESTONE SYSTEMS A/SMar 16, 2016

As of March 16, 2016, Artur Gevorkovic Magaljan has left the board of directors of MILESTONE SYSTEMS A/S.

Peter Bo Jacobsen leaves the board of MILESTONE SYSTEMS A/SMar 16, 2016

As of March 16, 2016, Peter Bo Jacobsen has left the board of directors of MILESTONE SYSTEMS A/S.

2015
Søren Eschricht Jensen joins the board of MILESTONE SYSTEMS A/SJul 1, 2015

As of July 1, 2015, Søren Eschricht Jensen has joined the board of directors of MILESTONE SYSTEMS A/S.

Peter Jacob Rosengren Sørensen leaves the board of MILESTONE SYSTEMS A/SJun 30, 2015

As of June 30, 2015, Peter Jacob Rosengren Sørensen has left the board of directors of MILESTONE SYSTEMS A/S.

MILESTONE SYSTEMS A/S: The 2014 annual report is outJun 9, 2015

MILESTONE SYSTEMS A/S has published its annual report for 2014.

Lars Thinggaard leaves the board of MILESTONE SYSTEMS A/SMar 9, 2015

As of March 9, 2015, Lars Thinggaard has left the board of directors of MILESTONE SYSTEMS A/S.

2014
Lars Larsen joins the board of MILESTONE SYSTEMS A/SDec 3, 2014

As of December 3, 2014, Lars Larsen has joined the board of directors of MILESTONE SYSTEMS A/S.

Lars Thinggaard joins the board of MILESTONE SYSTEMS A/SJul 7, 2014

As of July 7, 2014, Lars Thinggaard has joined the board of directors of MILESTONE SYSTEMS A/S.

Giuseppe Zocco leaves the board of MILESTONE SYSTEMS A/SJul 7, 2014

As of July 7, 2014, Giuseppe Zocco has left the board of directors of MILESTONE SYSTEMS A/S.

MILESTONE SYSTEMS A/S: The 2013 annual report is outApr 28, 2014

MILESTONE SYSTEMS A/S has published its annual report for 2013. Revenue came to DKK 354,611,000, and the net result was DKK 34,116,000.

John Sergio Blem joins the board of MILESTONE SYSTEMS A/SMar 18, 2014

As of March 18, 2014, John Sergio Blem has joined the board of directors of MILESTONE SYSTEMS A/S.

Jesper Balser leaves the board of MILESTONE SYSTEMS A/SMar 18, 2014

As of March 18, 2014, Jesper Balser has left the board of directors of MILESTONE SYSTEMS A/S.

2013
MILESTONE SYSTEMS A/S: The 2012 annual report is outMay 13, 2013

MILESTONE SYSTEMS A/S has published its annual report for 2012.

2012
Hans Jørgen Skovgaard joins the board of MILESTONE SYSTEMS A/SApr 19, 2012

As of April 19, 2012, Hans Jørgen Skovgaard has joined the board of directors of MILESTONE SYSTEMS A/S.

Peter Jacob Rosengren Sørensen joins the board of MILESTONE SYSTEMS A/SApr 19, 2012

As of April 19, 2012, Peter Jacob Rosengren Sørensen has joined the board of directors of MILESTONE SYSTEMS A/S.

Artur Gevorkovic Magaljan joins the board of MILESTONE SYSTEMS A/SApr 19, 2012

As of April 19, 2012, Artur Gevorkovic Magaljan has joined the board of directors of MILESTONE SYSTEMS A/S.

Peter Bo Jacobsen joins the board of MILESTONE SYSTEMS A/SApr 19, 2012

As of April 19, 2012, Peter Bo Jacobsen has joined the board of directors of MILESTONE SYSTEMS A/S.

Lau Normann leaves the board of MILESTONE SYSTEMS A/SApr 19, 2012

As of April 19, 2012, Lau Normann has left the board of directors of MILESTONE SYSTEMS A/S.

Peter Jacob Rosengren Sørensen leaves the board of MILESTONE SYSTEMS A/SApr 19, 2012

As of April 19, 2012, Peter Jacob Rosengren Sørensen has left the board of directors of MILESTONE SYSTEMS A/S.

Jens Bo Berthelsen leaves the board of MILESTONE SYSTEMS A/SApr 19, 2012

As of April 19, 2012, Jens Bo Berthelsen has left the board of directors of MILESTONE SYSTEMS A/S.

Per Søbye leaves the board of MILESTONE SYSTEMS A/SApr 19, 2012

As of April 19, 2012, Per Søbye has left the board of directors of MILESTONE SYSTEMS A/S.

2011
MILESTONE SYSTEMS A/S appoints new auditorJul 1, 2011

As of July 1, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of MILESTONE SYSTEMS A/S.

Auditor steps down at MILESTONE SYSTEMS A/SJul 1, 2011

As of July 1, 2011, A/S PSE NR. 4820 has stepped down as auditor of MILESTONE SYSTEMS A/S.

2010
Jesper Balser joins the board of MILESTONE SYSTEMS A/SMay 5, 2010

As of May 5, 2010, Jesper Balser has joined the board of directors of MILESTONE SYSTEMS A/S.

Ole Stangegaard leaves the board of MILESTONE SYSTEMS A/SMay 5, 2010

As of May 5, 2010, Ole Stangegaard has left the board of directors of MILESTONE SYSTEMS A/S.

2008
Jens Bo Berthelsen joins the board of MILESTONE SYSTEMS A/SJul 31, 2008

As of July 31, 2008, Jens Bo Berthelsen has joined the board of directors of MILESTONE SYSTEMS A/S.

Kim Macallan leaves the board of MILESTONE SYSTEMS A/SJul 31, 2008

As of July 31, 2008, Kim Macallan has left the board of directors of MILESTONE SYSTEMS A/S.

Jens Bo Berthelsen leaves the board of MILESTONE SYSTEMS A/SJul 31, 2008

As of July 31, 2008, Jens Bo Berthelsen has left the board of directors of MILESTONE SYSTEMS A/S.

Giuseppe Zocco joins the board of MILESTONE SYSTEMS A/SJul 2, 2008

As of July 2, 2008, Giuseppe Zocco has joined the board of directors of MILESTONE SYSTEMS A/S.

Lars Bo Ive leaves the board of MILESTONE SYSTEMS A/SJul 2, 2008

As of July 2, 2008, Lars Bo Ive has left the board of directors of MILESTONE SYSTEMS A/S.

Lars Bo Ive joins the board of MILESTONE SYSTEMS A/SApr 16, 2008

As of April 16, 2008, Lars Bo Ive has joined the board of directors of MILESTONE SYSTEMS A/S.

Kim Macallan joins the board of MILESTONE SYSTEMS A/SApr 16, 2008

As of April 16, 2008, Kim Macallan has joined the board of directors of MILESTONE SYSTEMS A/S.

Peter Jacob Rosengren Sørensen joins the board of MILESTONE SYSTEMS A/SApr 16, 2008

As of April 16, 2008, Peter Jacob Rosengren Sørensen has joined the board of directors of MILESTONE SYSTEMS A/S.

Jens Bo Berthelsen joins the board of MILESTONE SYSTEMS A/SApr 16, 2008

As of April 16, 2008, Jens Bo Berthelsen has joined the board of directors of MILESTONE SYSTEMS A/S.

Per Søbye joins the board of MILESTONE SYSTEMS A/SApr 16, 2008

As of April 16, 2008, Per Søbye has joined the board of directors of MILESTONE SYSTEMS A/S.

2007
MILESTONE SYSTEMS A/S appoints new auditorNov 28, 2007

As of November 28, 2007, A/S PSE NR. 4820 has been appointed auditor of MILESTONE SYSTEMS A/S.

Auditor steps down at MILESTONE SYSTEMS A/SNov 28, 2007

As of November 28, 2007, BGC HOLDING 2007, STATSAUTORISERET REVISIONSAKTIESELSKAB has stepped down as auditor of MILESTONE SYSTEMS A/S.

Allan Axel Eimert leaves the board of MILESTONE SYSTEMS A/SJan 28, 2007

As of January 28, 2007, Allan Axel Eimert has left the board of directors of MILESTONE SYSTEMS A/S.

2005
Allan Axel Eimert joins the board of MILESTONE SYSTEMS A/SApr 14, 2005

As of April 14, 2005, Allan Axel Eimert has joined the board of directors of MILESTONE SYSTEMS A/S.

2004
MILESTONE SYSTEMS A/S appoints new auditorDec 22, 2004

As of December 22, 2004, BGC HOLDING 2007, STATSAUTORISERET REVISIONSAKTIESELSKAB has been appointed auditor of MILESTONE SYSTEMS A/S.

Auditor steps down at MILESTONE SYSTEMS A/SDec 22, 2004

As of December 22, 2004, Pricewaterhouse Coopers has stepped down as auditor of MILESTONE SYSTEMS A/S.

2003
Lars Thinggaard leaves the board of MILESTONE SYSTEMS A/SJan 1, 2003

As of January 1, 2003, Lars Thinggaard has left the board of directors of MILESTONE SYSTEMS A/S.

Lars Thinggaard joins MILESTONE SYSTEMS A/S as directorJan 1, 2003

As of January 1, 2003, Lars Thinggaard is registered as director of MILESTONE SYSTEMS A/S.

Henrik Friborg Jacobsen steps down as director of MILESTONE SYSTEMS A/SJan 1, 2003

As of January 1, 2003, Henrik Friborg Jacobsen has stepped down as director of MILESTONE SYSTEMS A/S.

John Sergio Blem steps down as director of MILESTONE SYSTEMS A/SJan 1, 2003

As of January 1, 2003, John Sergio Blem has stepped down as director of MILESTONE SYSTEMS A/S.

2002
MILESTONE SYSTEMS A/S appoints new auditorFeb 21, 2002

As of February 21, 2002, Pricewaterhouse Coopers has been appointed auditor of MILESTONE SYSTEMS A/S.

Auditor steps down at MILESTONE SYSTEMS A/SFeb 21, 2002

As of February 21, 2002, has stepped down as auditor of MILESTONE SYSTEMS A/S.

2001
Ole Stangegaard joins the board of MILESTONE SYSTEMS A/SAug 17, 2001

As of August 17, 2001, Ole Stangegaard has joined the board of directors of MILESTONE SYSTEMS A/S.

Paolo Blem leaves the board of MILESTONE SYSTEMS A/SAug 17, 2001

As of August 17, 2001, Paolo Blem has left the board of directors of MILESTONE SYSTEMS A/S.

Michael Brogaard Munkemose leaves the board of MILESTONE SYSTEMS A/SAug 17, 2001

As of August 17, 2001, Michael Brogaard Munkemose has left the board of directors of MILESTONE SYSTEMS A/S.

Lars Thinggaard joins the board of MILESTONE SYSTEMS A/SFeb 9, 2001

As of February 9, 2001, Lars Thinggaard has joined the board of directors of MILESTONE SYSTEMS A/S.

2000
Lau Normann joins the board of MILESTONE SYSTEMS A/SNov 27, 2000

As of November 27, 2000, Lau Normann has joined the board of directors of MILESTONE SYSTEMS A/S.

Paolo Blem joins the board of MILESTONE SYSTEMS A/SNov 27, 2000

As of November 27, 2000, Paolo Blem has joined the board of directors of MILESTONE SYSTEMS A/S.

Michael Brogaard Munkemose joins the board of MILESTONE SYSTEMS A/SNov 27, 2000

As of November 27, 2000, Michael Brogaard Munkemose has joined the board of directors of MILESTONE SYSTEMS A/S.

MILESTONE SYSTEMS ApS changes name to MILESTONE SYSTEMS A/SNov 27, 2000

On November 27, 2000, the company changed its name from MILESTONE SYSTEMS ApS to MILESTONE SYSTEMS A/S.

Henrik Friborg Jacobsen joins the board of MILESTONE SYSTEMS A/SOct 13, 2000

As of October 13, 2000, Henrik Friborg Jacobsen has joined the board of directors of MILESTONE SYSTEMS A/S.

1997
SCSK 2108 ApS changes name to MILESTONE SYSTEMS ApSDec 15, 1997

On December 15, 1997, the company changed its name from SCSK 2108 ApS to MILESTONE SYSTEMS ApS.

MILESTONE SYSTEMS A/S appoints new auditorDec 14, 1997

As of December 14, 1997, has been appointed auditor of MILESTONE SYSTEMS A/S.

Auditor steps down at MILESTONE SYSTEMS A/SDec 14, 1997

As of December 14, 1997, Carl Edvard Gudbergsen has stepped down as auditor of MILESTONE SYSTEMS A/S.

Henrik Friborg Jacobsen joins MILESTONE SYSTEMS A/S as directorDec 14, 1997

As of December 14, 1997, Henrik Friborg Jacobsen is registered as director of MILESTONE SYSTEMS A/S.

John Sergio Blem joins MILESTONE SYSTEMS A/S as directorDec 14, 1997

As of December 14, 1997, John Sergio Blem is registered as director of MILESTONE SYSTEMS A/S.

Steen Schierbeck steps down as director of MILESTONE SYSTEMS A/SDec 14, 1997

As of December 14, 1997, Steen Schierbeck has stepped down as director of MILESTONE SYSTEMS A/S.

MILESTONE SYSTEMS A/S appoints new auditorAug 1, 1997

As of August 1, 1997, Carl Edvard Gudbergsen has been appointed auditor of MILESTONE SYSTEMS A/S.

Steen Schierbeck joins MILESTONE SYSTEMS A/S as directorAug 1, 1997

As of August 1, 1997, Steen Schierbeck is registered as director of MILESTONE SYSTEMS A/S.

MILESTONE SYSTEMS A/S is foundedAug 1, 1997

MILESTONE SYSTEMS A/S was founded on August 1, 1997.

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