Q-FREE – ORDER IN THE US – NOK 14 MILLION

Trondheim/Oslo 2 February 2015: Q-Free Netherlands has been awarded a contract in the US at a value of NOK 14 million from Raytheon for their MassDot (Massachusetts Department of Transport) all electronic toll system project.

The delivery comprises Intrada ALPR/VSR and Intrada Image review subsystem software licenses and software maintenance for 10 years. The order will be delivered during 2015.

-We are pleased to support our US customers also in the Road User Charging domain. Our Intrada software is world leading, and this contract is proving our competitiveness, says CEO in Q-Free, Thomas Falck.

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 has approximately 400 employees with offices in 18 countries and presence on all continents. 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: @QFreeASA

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