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Q-Free ASA — Earnings Release 2015
Jan 8, 2015
3721_iss_2015-01-08_37a91252-0807-484a-b7f2-aee274f9c66b.html
Earnings Release
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Q-FREE - ATMS ORDER IN THE US - NOK 15 MILLION
Q-FREE - ATMS ORDER IN THE US - NOK 15 MILLION
Trondheim/Oslo 8 January 2015: Q-Free Open Roads has been awarded an Advanced
Transportation Management Systems (ATMS) contract in the US at a value of NOK 15
million for West Virginia Division of Highways (WVDOH). The contract duration is
to December 2016.
-We are proud to see WVDOH continues to retain Q-Free Open Roads who deployed
the initial statewide ATMS - the backbone of the West Virginia ITS program since
2008, says CEO Thomas Falck in Q-Free.
The collaborative effort between Q-Free Open Roads and WVDOH has resulted in
West Virginia becoming a US national leader in ITS with many successful
initiatives.
-Statewide 511 Travelers Information - "Know Before You Go" travelers
information web site, "Drive Safe" mobile application, and an Interactive Voice
Response (IVR) telephone system.
-More than twenty police 911 system integrations providing "real time" incident
information.
-Video Analytics, providing automatic incident detection reducing the workload
of operators.
-Truck Parking Guidance that incorporates the Q-Free TCS parking technology
giving the Trucking Industry "real-time" access to available rest area truck
parking.
-Automated Incident Management providing operators recommended incident response
plans per a Rules Based Engine specifically configured to follow standard
procedures.
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 Q-Free Group has
approximately 400 employees with offices in 17 countries and presence on all
continents. The Q-Free head office is in Trondheim, Norway. Q-Free is listed on
Oslo Stock Exchange under the ticker QFR.
www.q-free.com
Twitter: @Q-FreeASA