Q-FREE – TOLLING CONTRACT IN SWEDEN – 13 MNOK

Trondheim 20 April 2016;

Q-Free has received an extension order from The Swedish Transport Administration (Trafikverket) for service and maintenance on the Stockholm congestion charging system at a value of approximately NOK 13 million.

The order is the first extension of the three-year’s base contract awarded in 2013, and the extension period is one year from 1 January 2017.

-This is a confirmation of the long-standing relationship between Q-Free and Trafikverket. The Stockholm congestion charging system is an important reference for Q-Free, comments Acting CEO in Q-Free, Roar Østbø.

For further information, please contact:

Acting CEO and CFO Roar Østbø: +47 932 45 175

About Q-Free

Q-Free is a leading global supplier of products and solutions within the global ITS market. The Q-Free Group has approximately 430 employees with offices in 20 countries and presence on all continents. The Q-Free head office is 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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