QFR- ASSESSMENT OF STRATEGIC ALTERNATIVES
The Board of Directors of Q-Free ASA is running a process to identify and explore various strategic alternatives for the company. This also includes an evaluation of potential business combinations, and Q-Free is in this respect assisted by a financial adviser.
Certain contacts have been established with interested parties, but no assurances can be given that a transaction will happen as a result of this process. Q-Free will update the market as required by applicable law and the Continuing Obligations of companies listed on Oslo Børs.
For further information, please contact:
President & CEO, Håkon Volldal: +47 977 19 973
CFO, Tor Eirik Knutsen: +47 950 50 062
Q-Free is a leading global supplier of ITS (Intelligent Transportation Systems) products and solutions. The company has approximately 380 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.