Q-FREE –ATMS CONTRACT IN SLOVENIA - NOK 5.4 MILLION

Trondheim 11 July 2014: Q-Free has received a three-year Advanced Transportation Management Systems (ATMS) contract from Ljubljana City (Ljubljanska Parkirisca and Trznice d.o.o) in Slovenia at a value of NOK 5.4 million with start-up in July 2014. The contract includes delivery of seven new parking systems, maintenance and support of the parking systems, and upgrading the existing central system.

“Q-Free is the market leader within Road User Charging and ATMS solutions in Slovenia. This contract confirms the attractiveness of our offering in this market,” says CEO Thomas Falck in Q-Free.

Q-Free has a subsidiary in Ljubljana, Slovenia.

Going forward Q-Free will announce ATMS contracts over NOK 5 million and RUC contracts over NOK 10 million.

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 company has approximately 350 employees in 17 countries and is represented on all continents. 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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