Q-FREE - EXTENSION OF INTER-URBAN CONTRACT IN THE US - 24 MNOK

PRESS RELEASE

Q-Free has received a two-year extension of its Advanced Traffic Management System contract with Pennsylvania Department of Transportation (PennDOT). The renewal, at a value of approximately 3 MUSD and running until September 2019, includes system maintenance and new functionality.

- We are very pleased to continue our relationship with PennDOT. This renewal signals great trust in Q-Free and our ability to provide robust and industry leading Advanced Traffic Management solutions to our customers, comments President & CEO of Q-Free ASA, Håkon Volldal.

For further information, please contact:

President & CEO, Håkon Volldal: +47 977 19 973 

About Q-Free

Q-Free is a leading global supplier of ITS (Intelligent Transportation Systems) products and solutions. The company has approximately 420 employees, offices in 20 countries, and presence on all continents. Headquartered in Trondheim, Norway, Q-Free is listed on the Oslo Stock Exchange under the ticker QFR.

www.q-free.com 

Twitter: @Q-FreeASA

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