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Q-Free: ALPR contract in the US – 15 MNOK

Conduent Transportation LLC has selected Q-Free to provide New York Toll Agencies with Q-Free’s Intrada® Insight automated license plate reading and manual image review application software. Q-Free’s solutions will improve license plate video toll collection read accuracy and reduce costs. Under the 21-month initial contract, the system will process up to 200 million video-based license plate transactions per year with 99.95% accuracy and read automation rate. The contract has a minimum value of 15 MNOK and a maximum value of 18 MNOK if two voluntary extension options are exercised by Conduent.

The Q-Free Intrada® Insight automated license plate reading (ALPR) application delivers predictable 24/7-performance with high accuracy automated machine vision and integrated human review plate read resulting in low-error rate plate reading for video toll revenue collection. The system applies advanced network learning and machine image processing technologies along with innovative manual image review processes to efficiently automate plate reads – especially complex U.S. license plates – across any size toll network. The system improves revenue collection, creates operating cost efficiencies, and reduces errors – in particular with respect to toll client billing errors

For further information, please contact:
President & CEO, Håkon Volldal: +47 977 19 973

About Q-Free:

Q-Free ASA (OSE: QFR) is a global innovator in intelligent transportation systems that improve traffic flow, road safety, and air quality. With an open, collaborative approach to tolling, traffic and active transportation management, Q-Free works with customers and partners on every continent to digitize infrastructure and overcome modern mobility challenges for the greater good of society.

Headquartered in Trondheim, Norway, Q-Free has annual revenues of approximately 1 billion NOK and employs approximately 400 transportation innovators, experts, and enthusiasts. To learn more about how Q-Free is changing the movements of life, visit www.q-free.com or Twitter: @Q-FreeASA.