Q-FREE -CONTRACT FOR SERVICE AND MAINTENANCE IN SWEDEN - 17 MNOK

The Swedish Road Administration (Transportstyrelsen) has made a decision  to extend the contract (announced 27.10.2010) appointed to Q-Free ASA as supplier of service- and maintenance for the congestion charging infrastructure in Stockholm which was delivered by Q-Free in 2006. The order value is approx. 17 MNOK.

- This contract continues our active participation in the Stockholmproject, which is one of the world`s most advanced and efficient congestion charging schemes, comments CEO in Q-Free, Øyvind Isaksen. 

The contract is for one year starting up January 1st 2012.  

Q-Free has a subsidiary in Stockholm, Sweden.  

Trondheim 30 September 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), ALPR(Automatic License PlateRegistration) and GNSS (Global Navigation Satellite System) based solutions, with deliveries in Europe, Asia-Pacific, Middle East and North- and South America. The company has approximately 275 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

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