Q-FREE – HOMELAND SECURITY CONTRACT IN THE US – 13 MNOK
Trondheim, Norway 22 February 2016; Q-Free’s Homeland Security Division, Prometheus Security Group Global, has been awarded a contract at a value of NOK 13 million with an option to increase the contract at a value of NOK 5 million. The scope of the contract is to provide its proprietary VICADS Video Management system for installation at a major undisclosed US Military facility.
Prometheus Security Group Global is a provider of high-end critical asset protection equipment and services in the Homeland Security market, and was from 2016 demerged from Q-Free Open Roads to spearhead this market.
The contract will be delivered within the first half of 2016.
-We are pleased to secure this contract in the Homeland Security market in the US, and the award proves that our increased focus on this growing market is continuing to materialise in contracts, comments Acting CEO, Roar Østbø.
For further information, please contact:
Acting CEO and CFO Roar Østbø: +47 932 45 175
About Q-Free
Q-Free is a leading global supplier of products and solutions within the global ITS market. The Q-Free Group has approximately 430 employees with offices in 20 countries and presence on all continents. The Q-Free head office is in Trondheim, Norway. Q-Free is listed on the Oslo Stock Exchange under the ticker QFR.
Twitter: @Q-FreeASA
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