This significant order is further positioning Q-Free as a major supplier of products to the fast growing tolling market in Thailand. New road infrastructure creates demands for further tolling systems and hence strengthens the importance for Q-Free systems and products in Thailand, comments CEO in Q-Free, Thomas Falck.
The order will be delivered from now to the end of the second quarter 2014.
Q-Free has a subsidiary in Bangkok, Thailand.
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.