Q-FREE – ATMS ORDER IN SERBIA- NOK 8 MILLION

Trondheim August 29, 2014: Q-Free Elcom has been awarded an Advanced Transportation Management Systems (ATMS) contract from Ratko Mitrović Niskogradnja d.o.o. in Belgrade at a value of NOK 8 million.

The contract comprises electrical installations, LED light systems and installations for the bridge over Danube including access roads. The project will start immediately with a duration of one year.

“This new contract for Q-Free Elcom is a confirmation of the attractiveness of our ATMS portfolio”, comments CEO Thomas Falck in Q-Free.

Q-Free has a subsidiary in Belgrade, Serbia.

For further information, please contact:

CEO Thomas Falck, cell: +47 468 00 767

CFO Roar Østbø, cell: +47 932 45 175

About Q-Free:

Q-Free is a leading global supplier of products and solutions within Road User Charging and Advanced Transportation Management Systems. The Q-Free Group will have approximately 440 employees with offices in 17 countries and presence on all continents after the closing of the Open Roads transaction. The Q-Free head office is in Trondheim, Norway. Q-Free is listed on Oslo Stock Exchange under the ticker QFR.

www.q-free.com

Twitter: @Q-FreeASA

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