COURT DECISION RELATED TO THE CONGESTION CHARGING SYSTEM IN  GOTHENBURGH

Q-Free announced on the 6th of April 2011 that the company was awarded a contract for delivery of the congestion charging infrastructure in Gothenburg. Contract signing could at earliest  take place after 10 days complaints period. The company informed in its first quarter report that a complaint had been filed from one of the bidders.

Q-Free has today been informed with a court decision from the Administrative court in Falun Sweden for the “Congestion charging scheme in Gothenburg, roadside equipment”. The court decided in favour of one of the complainants claims. Q-Free is so far not informed whether Trafikverket will file an appeal or not. The company will keep the market informed of the outcome of the process. 

Trondheim 6 July 2011.

For further information, please contact:

CEO Øyvind Isaksen, cell: 47 905 59 401

CFO Roar Østbø, cell: 47 932 45 175

About Q-Free

Q-Free is a leading global supplier of solutions and products for Road User Charging and Traffic Surveillance having applications mainly within electronic toll collection for road financing, congestion charging, truck-tolling, law enforcement and parking/access control. Q-Free offers solutions and products based on state of the art technology, and is the leading supplier within DSRC (tag) - and ALPR (Automatic License Plate Registration) and GNSS (Global Navigation Satellite System) based solutions, with deliveries in Europe, Asia-Pacific, Middle East and North- and South America. The company has appr. 275employees and is represented in 17 countries. Headquarter is based in Trondheim, Norway. Q-Free is listed on the Oslo Stock Exchange with the ticker QFR. http://www.q-free.com

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