Q-FREE – TOLLING CONTRACT IN NORTH AMERICA - 25 MNOK

Q-Free has signed a 25 MNOK agreement with the US tolling system integrator TransCore. Under the agreement Q-Free will provide services for operations and maintenance support for the recently deployed Intrada Insight image review solution on the Central Florida Expressway (CFX) project.  The term of the contract is 6.5 years.

- This contract represents another key win for Q-Free in the North American tolling market. It demonstrates the competitiveness of our image based solutions and builds our recurring revenue base, 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 a 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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