Q-FREE – TAG ORDER IN AUSTRALIA- 16 MNOK

Trondheim/Oslo 11 August 2014: Q-Free has been awarded a frame agreement for tags from Interlink Roads Pty Ltd. in Australia at a minimum value of NOK 16 million, but with a potential for increased volume. The contract has a duration of three years.

-This is our second contract with Interlink Roads, and we are pleased to be the preferred supplier to several customers in this mature tolling market.

Q-Free has a subsidiary in Sydney, Australia.

For further information, please contact:

CEO Thomas Falck, cell: +47 468 00 767

CFO Roar Østbø, cell: +47 932 45 175

About Q-Free:

Q-Free is a leading global supplier of products and solutions within Road User Charging and Advanced Transportation Management Systems. The Q-Free Group will have approximately 430 employees with offices in 17 countries and presence on all continents after the closing of the Open Roads transaction. The Q-Free head office is in Trondheim, Norway. Q-Free is listed on Oslo Stock Exchange under the ticker QFR.

www.q-free.com

Twitter: @Q-FreeASA