Q-FREE – CONTRACT IN AUSTRALIA - 33 MNOK
Q-Free has been awarded a contract in Australia from Roads and Maritime Services (RMS) for the design, supply and installation of an electronic tolling system for Sydney Harbour Bridge. The contract value is 33 MNOK with additional options worth approximately 17 MNOK.
The scope of the contract comprises delivery of roadside system, based on the company’s unique tolling solution Single Gantry, and related service and maintenance for one year.
"We have again shown our competitiveness in this market and look forward to deploy the most elegant tolling solution in the world on this unique and beautiful bridge", comments CEO Dr. Øyvind Isaksen.
The project will start immediately, and is expected to be completed mid next year.
Q-Free has a subsidiary in Sydney, Australia.
Trondheim 26th of September 2012
For further information, please contact:
CEO Øyvind Isaksen, cell: +47 908 76 398
CFO Roar Østbø, cell: +47 932 45 175
Q-Free is a leading global supplier of products and solutions for Road User Charging and Advanced Transportation Management. The company has approximately 300 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.
Twitter @Q-FreeASA
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