Defence Products, News, Road Technology

Q-Free – Awarded a major contract in Portugal – 220 MNOK

Q-Free has today received an order from the Portuguese road operator AENOR for a major infrastructure project in Portugal. The order value is approximately 220 MNOK.

The contract comprises delivery of Road Side Equipment, Operational Back
Office and related services for the concessions `Grande Porto` and
`Costa da Prata` currently operational under the shadow tolling scheme
(SCUT) and which will be transformed into a fully operational Multi Lane
Free Flow tolling system (MLFF).

`We are very pleased to see that we are able to be successful in this
highly advanced tolling market, Øyvind Isaksen, CEO of Q-Free ASA
states. We have been in Portugal for the last 14 years. This contract
obviously confirms our strong position in Portugal, but it also confirms
that Q-Free`s offering and capabilities are bringing the company the
biggest tolling contract award in the industry since 2005.`

The project will start immediately, and the design and build phase will
last throughout 2009 and part of 2010, followed by a service and
maintenance activity for 5 years.

AENOR is a Portuguese owned organization that currently serves a set of
five concessions responsible for more than 800 Km of motorways in
Portugal.

Q-Free has a subsidiary in Lisbon, Portugal.