Q-FREE – TAG CONTRACT IN AUSTRALIA – 16 MNOK

Q-Free has been awarded an order for tags from Roads and Maritime Services (RMS) in Australia at a value of NOK 16 million.

-This is the first contract in Australia for delivery of our new tag, and as such a strategic important order for Q-Free, comments CEO Dr. Øyvind Isaksen.

The order will be delivered in second half of 2013.

Q-Free has a subsidiary in Sydney, Australia.

Trondheim 24.04. 2013

For further information, please contact:

CEO Øyvind Isaksen, cell: +47 908 76 398

CFO Roar Østbø, cell: +47 932 45 175

Q-Free is a leading global supplier of products and solutions for Road User Charging and Advanced Transportation Management. The company has approximately 300 employees 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.

www.q-free.com

Twitter@QFreeASA

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