Q-FREE ASA – FRAME AGREEMENT IN BRAZIL VALUED 205 MNOK

Q-Free has been awarded a frame agreement for deliveries of tags and road side equipment from Centro Gestao Meios de Pagto (CGMP) in Brazil valued at 205 MNOK. The guaranteed volume is 51 MNOK.

- We have experienced an interesting development in the Brazilian tag market the last year, and this contract is twice the size of the previous frame agreement, comments CEO Øyvind Isaksen.

The frame agreement is expected to be delivered within the first quarter 2012.

Trondheim 22 October 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