Q-FREE - TAG ORDER FROM AUSTRALIA - 16 MNOK

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Q-Free ASA has been awarded an order for tags from the Roads and Traffic Authority (RTA) in Australia valued at 16 MNOK.

- Australia continues to be an important market for Q-Free and in total we have now delivered approx 1.7 mill tags in this market, says CEO Dr. Øyvind Isaksen.

The order will be delivered within the end of 2010.

 Q-Free has a subsidiary in Sydney, Australia.

 Trondheim 21 July 2010.

 

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. 300 employees in 11 locations and representatives in 7 other 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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