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Q-FREE- TOLLING CONTRACT IN SLOVENIA – 470 MNOK

DARS – Družba za Avtoceste v Republiki Sloveniji is a joint stock Motorway Company that builds, manages and maintains motorways on behalf of the Republic of Slovenia.

The Q-Free scope comprises System Delivery inclusive Enforcement Back Office, Tags and Service and maintenance.

Telekom Slovenije is a leading partner in the consortium. It is a comprehensive communication service provider in Slovenia and is recognised as the leader in the introduction and connection of new generations of mobile and fixed communication services, system integration, cloud computing services and multimedia content.

The delivery period has a duration of one year from signing of the contract, followed by a service and maintenance period of 10 years, with an option to extend the service and maintenance period with additional three years.

-The project award is one of Q-Free’s largest awards ever, and the Q-Free Group is excited to be part of this delivery, enabling user and environmentally friendly as well as cost-effective and financially feasible tolling in Slovenia, comments Acting CEO, Roar Østbø.

According to Slovenian public procurement procedures, there is an 8 days period for filing complaints.

For further information, please contact:

Acting CEO and CFO Roar Østbø: +47 932 45 175

About Q-Free

Q-Free is a leading global supplier of products and solutions within the global ITS market. The Q-Free Group has approximately 430 employees with offices in 20 countries and presence on all continents. The Q-Free head office is in Trondheim, Norway. Q-Free is listed on the Oslo Stock Exchange under the ticker QFR.

www.q-free.com

Twitter: @Q-FreeASA