Q-FREE - TAG CONTRACT IN FRANCE - 29 MNOK

Q-Free has received a tag order from Vinci Autoroutes in France at a value of 29
MNOK. The order will be delivered throughout 2017.
VINCI Autoroutes is by far the largest highway company and tag issuer in France.

- We are proud to announce that Q-Free has been chosen as preferred partner for
VINCI Autoroutes. Q-Free has been the supplier of tags for VINCI Autoroutes for
a decade and this contract confirms our strong position with this customer and
in the market in general, comments President & CEO, Håkon Volldal.

For further information, please contact:

President & CEO, Håkon Volldal: +47 977 19 973

CFO, Roar Østbø: +47 932 45 175

About Q-Free

Q-Free is a leading global supplier of ITS (Intelligent Transportation Systems)
products and solutions. The company has approximately 460 employees, offices in
20 countries, and presence on all continents. Headquartered in Trondheim,
Norway, Q-Free is listed on the Oslo Stock Exchange under the ticker QFR.

www.q-free.com

Twitter: @Q-FreeASA