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Q-FREE – 5 NEW AUTOPASS CONTRACTS IN NORWAY – NOK 52 MILLION

The contracts are for projects located in Bodø, Harstad, Svinesund, Helgeland and Tresfjord. The delivery comprises installation of charging points, including gantries and roadside equipment. The contracts also include service and maintenance after the completion of the installation. The contract also includes option for extension of the service and maintenance period. 

-This is another key win for us in Norway. We are very pleased to have won two Autopass contracts recently.This demonstrates that Q-Free has a competitive offering, and we intend to fight very hard to win even more business in our home market in the years to come, comments CEO in Q-Free, Thomas Falck.

The installation will start in August and will be completed by the first quarter of 2016.

According to NPRA purchase regulations there is a period for filing complaints which ends 9 March 2015.

For further information, please contact:

CEO Thomas Falck: +47 468 00 767

CFO Roar Østbø: +47 932 45 175

About Q-Free

Q-Free is a leading global supplier of products and solutions within Road User Charging and Advanced Transportation Management Systems. The Q-Free Group has approximately 400 employees with offices in 18 countries and presence on all continents. The Q-Free head office is in Trondheim,Norway. Q-Free is listed on Oslo Stock Exchange under the ticker QFR.

www.q-free.com

Twitter: @Q-FreeASA