Congestion charging contract in Gothenburg increased by 32 MNOK

Trafikverket has increased Q-Free’s scope related to the on-going Gothenburg congestion charging project worth 32 MNOK and comprises delivery of additional charging stations, related equipment and services for two years. The additional charging stations will be installed during 2012.

“The congestion charging contract in Gothenburg is strategically very important, - it is a signature project visible for the whole advanced transport management world, and we are very proud to deliver our unique solution to Trafikverket”, CEO Dr. Øyvind Isaksen comments.

Trondheim 2nd of August 2012

For further information, please contact:

CEO Øyvind Isaksen, cell: +47 908 76 398

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 Plate Registration) and GNSS (Global Navigation Satellite System) based solutions, with deliveries in Europe, Africa, Asia-Pacific, Middle East and North- and South America. The company has approximately 270 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

Tags: