CONTRACTS IN NORWAY- AUTOPASS - 28 MNOK

Q-Free ASA has been awarded AutoPASS contracts by the Norwegian Public Roads Administration (NPRA) at a value of 28 MNOK.

The contracts are related to the E6/E18 Østfold and E6 Øyer-Tretten, and comprises delivery and installation of fully automated toll stations and service and maintenance for 5 years.

- It is important for our international activity to have a leading position in our home market, and we will continue to defend this position also going forward, CEO in Q-Free Øyvind Isaksen comments.

According to NPRA purchase regulations there is a 10 days period for filing complaints.

Trondheim 24th February 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 RoadUser 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 (http://www.q-free.com)

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