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Q-FREE: Extension of tolling SW contract – 30 MNOK

Q-Free has received an extension order for tolling back-office SW services in Norway. The contract has a value of approximately 30 MNOK depending on transaction volumes and will ensure continued operation of Q-Free’s system until the end of 2021. 

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.