Q-FREE: Traffic Management contract extension in the USA - 55 MNOK
Q-Free has received a 2-year renewal of one of its key statewide ATMS contracts in the USA. The contract extension ensures continued delivery of Q-Free’s Open TMS solution from 1 October 2020 until 30 September 2022 and has a total value of approximately 55 MNOK. - We are very pleased to see that Q-Free has received a satisfactory performance evaluation and that the customer has decided to renew the contract. The extension gives us a nice and steady monthly cash flow for two years and provides us with an opportunity to sell additional Open TMS features and services on top, comments