Q-FREE – TAG ORDER IN SOUTH-AFRICA – 27 MNOK

Q-Free has received a tag order from ETC in South-Africa to a value of 27 MNOK. ETC is appointed as operator for the Gauteng Project and is responsible for the distribution of tags.“This is Q-Free’s first tag order in South-Africa, and an important reference for future success in this promising market”, CEO Øyvind Isaksen comments. The order will be delivered within June 2011. Q-Free has a subsidiary in Durban, Q-Free Africa which has a BEE-status. Trondheim 16 February 2011   For further information, please contact: CEO Øyvind Isaksen, cell: 47 905 59 401 CFO Roar