Q-Free has been awarded a contract to deliver on-board units (tags) to the mobility services company Via Verde in Portugal. The contract has a value of approximately 100 MNOK and a duration of three years.

“This represents one of the largest tag agreements that Q-Free has received and we are grateful that Via Verde has chosen us to once again deliver our DSRC tags to motorists in Portugal”, says Håkon Volldal, Q-Free’s President & CEO.

For further information, please contact:

Håkon Volldal, President & CEO, +47 977 19 973
Trond Christensen, CFO, +47 481 02 754

This information is considered to be inside information pursuant to the EU Market Abuse Regulation article 7 and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Rita Bøe Isaksen, Board Secretary in Q-Free ASA, on 21 March 2022 at 13:40 CET.

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 350 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