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Q-FREE – TOLLING CONTRACT IN THE US – 45 MNOK

The contract is a part of the upgrade of the Central Florida Expressway Authority’s electronic toll collection system. The Q-Free scope comprises the Intrada Image Review system including the new back office solution. The delivery will be executed in 2016 and followed by a 7.5-year service agreement.

-We are pleased to be a subcontractor to TransCore, one of the largest companies in the world providing Tolling and ITS solutions. The award is significant for Q-Free in the US tolling market and shows our increased focus on this market is starting to materialise in contracts, comments Acting CEO, Roar Østbø.

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