PRESS RELEASE
Q-Free has recently signed a 3-year frame agreement with Northern Capital
Highway, a toll operator in St. Petersburg, Russia. The agreement has a total
value of approximately 11 MNOK over the period.
-The tag market in Russia has been picking up over the last years, and Q-Free
has received orders from several customers. The frame agreement with Northern
Capital Highway is the largest single agreement for Q-Free in Russia to date and
demonstrates our competitiveness in this growing market.
For further information, please contact:
President & CEO, Håkon Volldal: +47 977 19 973
About Q-Free
Q-Free is a leading global supplier of ITS (Intelligent Transportation Systems)
products and solutions. The company has approximately 420 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