Q-FREE – TAG ORDER IN PORTUGAL – 12 MNOK

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Q-Free has received an order for tags (OBUs) from Via Verde, - the only tag issuer in Portugal. The order has a value of approximately 12 MNOK.

Via Verde is a part of the Brisa Group, which is one of Portugal`s leading concessionaires.

-Via Verde has been customer of Q-Free since 1995 and we have now supplied more than 3,2 million tags to this market. Each repeat order is adding to our strong position in this interesting tag market", CEO in Q-Free Øyvind Isaksen comments.

The order will be delivered within Q2-2014.

Q-Free has a subsidiary in Lisbon, Portugal.

Trondheim 23 December 2013

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 within Road User Charging and Advanced Transportation Management Systems. The company has approximately 290 employees and is represented in 18 countries. The company's main offices are in Trondheim, Norway. Q-Free is listed on Oslo Stock Exchange under the ticker QFR. 

www.q-free.com

Twitter:@Q-FreeASA

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