Q-FREE - TOLLING CONTRACT IN AUSTRALIA - 55 MNOK

Q-Free has been awarded a tolling contract in Australia. The contract has a value of approximately 55 MNOK and comprises roadside solutions as well as service and maintenance for one year. Most of the revenues will be booked in 2020.  

More details will be disclosed during the second quarter presentation tomorrow.

For further information, please contact:

President & CEO, Håkon Volldal: +47 977 19 973

CFO, Tor Eirik Knutsen: +47 950 50 062  

About Q-Free 

Q-Free is a leading global supplier of ITS (Intelligent Transportation Systems) products and solutions. The company has approximately 383 employees, offices in 17 countries, and a presence on all continents. Headquartered in Trondheim, Norway, Q-Free is listed on the Oslo Stock Exchange under the ticker QFR.

www.q-free.com
Twitter: @QFreeASA