Q-FREE – TOLLING CONTRACT IN AUSTRALIA – 55 MNOK

This post was originally published on this site

Thu, Jul 11, 2019 12:49 CET

Q-Free has been awarded a tolling contract in Australia. The contract has a value of approximately 55 MNOK and comprises roadside solutions as well as service and maintenance for one year. Most of the revenues will be booked in 2020.  

More details will be disclosed during the second quarter presentation tomorrow.

For further information, please contact:

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

CFO, Tor Eirik Knutsen: +47 950 50 062  

About Q-Free 

Q-Free is a leading global supplier of ITS (Intelligent Transportation Systems) products and solutions. The company has approximately 383 employees, offices in 17 countries, and a 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: @QFreeASA

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About the Author: Sidney Martin

Sidney Marin Is a researcher and law student at York University (TORONTO). He has worked as the Director of the Graduate Lawyering Program. He worked for American law firms in Moscow, Russia for three years. Hegraduated from Columbia Law School, Columbia School of International and Public Affairs and Harvard College. He research interest is in human rights and health law, with a particular focus on the law and policy of vaccination.