Trondheim 15 July 2014: Q-Free TCS has received an Advanced
Transportation Management Systems (ATMS) contract from the City of
Montgomery in the US at a value of NOK 8.7 million with start-up in July
2014. The contract is a parking guidance system and will be delivered
within the end of 2014. Q-Free TCS has previously delivered two parking
guidance systems to the same customer.
"Q-Free is the market leader within parking guidance solutions in North
America. This contract confirms the attractiveness of our offering in
this market," says CEO Thomas Falck in Q-Free.
Q-Free has a subsidiary in Boston, US.
For further information, please contact:
CEO Thomas Falck, cell: +47 468 00 767
CFO Roar Østbø, cell: +47 932 45 175
About Q-Free:
Q-Free is a leading global supplier of products and solutions within
Road User Charging and Advanced Transportation Management Systems. The
company has approximately 350 employees in 17 countries and is
represented on all continents. The company's head office is in
Trondheim, Norway. Q-Free is listed on the Oslo Stock Exchange under the
ticker QFR.
www.q-free.com
Twitter: @Q-FreeASA