Q-FREE THIRD QUARTER 2014 RESULTS

Q-Free reported revenues of NOK 176 million for the third quarter 2014, slightly up from NOK 170 million in the same period last year. Operating profit before depreciation and amortisation, (EBITDA) amounted to NOK 20 million compared to NOK 24 million for the corresponding period last year. Pre-tax, the company achieved a break-even result, compared to a profit of NOK 7 million in the third quarter 2013.Product revenues ended of NOK 59 million in the period, compared to 84 million in the corresponding quarter last year. This is the main explanation of the change of EBITDA from the third