Q-FREE – TAG ORDER IN SOUTH-AFRICA – 27 MNOK

Q-Free has received a tag order from ETC in South-Africa to a value of 27 MNOK. ETC is appointed as operator for the Gauteng Project and is responsible for the distribution of tags.

“This is Q-Free’s first tag order in South-Africa, and an important reference for future success in this promising market”, CEO Øyvind Isaksen comments.

The order will be delivered within June 2011.

Q-Free has a subsidiary in Durban, Q-Free Africa which has a BEE-status.

Trondheim 16 February 2011

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. 280 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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