Q-FREE - ORDER IN BRASIL - 52 MNOK

Q-Free has been awarded an order for tags and roadside equipment from Centro Gestao Meios de Pagto (CGMP) in Brazil valued at 52 MNOK.This order is a call off from the earlier announced frame agreement of 205 MNOK (22 October 2010). This order implies that a total of 174 MNOK has been called off from this frame agreement.  - We have delivered more than 4 million tags to this market and established a unique position. This is important for the company’s product sale and for our entrance into other markets in Latin America, CEO in Q-Free, Dr. Oyvind Isaksen comments.  Q-Free has a fully