The orders are related to extensions of 6 out of 11 former contracts, and will take effect in Q1-14, with a duration of 2-5 years. The remaining contracts will be renegotiated in the near future.
-The orders show that Q-Free is still an active player in the Norwegian market, hence AutoPass installations are of importance for the company, comments CEO, Thomas Falck.
For further information, please contact:
CEO Thomas Falck, cell: +47 468 00 767
CFO Roar Østbø, cell: +47 932 45 175
Q-Free is a leading global supplier of products and solutions within Road User Charging and Advanced Transportation Management Systems. The company has approximately 290 employees and is represented in 18
countries. The company’s head office is in Trondheim, Norway. Q-Free is listed on Oslo Stock Exchange under the ticker QFR.