Q-FREE: Tolling frame agreement in Norway – 30 MNOK

Q-Free has won a 4-year frame agreement with Vegfinans, a regional toll road company in Norway. The frame agreement has an estimated value for Q-Free of approximately 30 MNOK and comprises delivery of toll stations in the eastern part of Norway plus service and maintenance for up to 15 years.

-We are very pleased that Vegfinans has chosen Q-Free as one of their suppliers and decided to emphasize quality and predictability in their tender evaluation, says Silje Færestrand, VP Norway and DSRC Sales.

For further information, please contact:
President & CEO, Håkon Volldal: +47 977 19 973

About Q-Free:

Q-Free ASA (OSE: QFR) is a global innovator in intelligent transportation systems that improve traffic flow, road safety, and air quality. With an open, collaborative approach to tolling, traffic and active transportation management, Q-Free works with customers and partners on every continent to digitize infrastructure and overcome modern mobility challenges for the greater good of society.

Headquartered in Trondheim, Norway, Q-Free has annual revenues of approximately 1 billion NOK and employs approximately 400 transportation innovators, experts, and enthusiasts. To learn more about how Q-Free is changing the movements of life, visit www.q-free.com or Twitter:@Q-FreeASA.