Skip to main content

OBU orders and CEO changes for Q-Free

Portuguese tag issuer Via Verde, part of the Brisa Group, has ordered on-board units from Q-Free in an order worth approximately US$1.9 million. The order will be delivered within the second quarter of 2014. Q-Free’s fourth generation OBU610 is small and unobtrusive, yet powerful enough to support all applicable 5.8GHz CEN DSRC protocols for automatic registration, identification and fee collection from vehicles. “Via Verde has been customer of Q-Free since 1995 and we have now supplied more than 3.2
January 6, 2014 Read time: 2 mins
Portuguese tag issuer 3843 Via Verde, part of the 2051 BRISA Group, has ordered on-board units from 108 Q-Free in an order worth approximately US$1.9 million. The order will be delivered within the second quarter of 2014.

Q-Free’s fourth generation OBU610 is small and unobtrusive, yet powerful enough to support all applicable 5.8GHz CEN DSRC protocols for automatic registration, identification and fee collection from vehicles.

“Via Verde has been customer of Q-Free since 1995 and we have now supplied more than 3.2 million tags to this market.  Each repeat order is adding to our strong position in this interesting tag market", comments Q-Free CEO Øyvind Isaksen.

To aid the company in its ambitious targets in what it says is a challenging market, the board of directors of Q-Free has appointed Thomas Falck as CEO with immediate effect.  He replaces Øyvind Isaksen, who has been CEO since 2006.

Falck has extensive experience in business development, gained as a partner in Verdane Capital, as CEO of Visma Marine and as a board member of several held private and public companies.

“We thank Øyvind Isaksen for his valuable contributions during his seven year tenure as CEO, when the company has taken important steps in its internationalisation and technology development. We believe Q-Free has great development potential going forward, and in Thomas Falck we have a leader who can take over the reins from day one,” says Terje Christoffersen, Q-Free chairman.

Related Content

  • July 17, 2014
    Q-Free acquires Open Roads Consulting
    Q-Free has signed a Share Purchase Agreement (SPA) for the acquisition of Open Roads Consulting for a cash consideration of approximately US$6.2 million. Further consideration is dependent on future financial performance. The transaction is expected to be closed within the end of the third quarter 2014. The acquisition represents a milestone for Q-Free and is a strategically good match with other advanced traffic management systems (ATMS) and road user charging (RUC) activities within the group. It will
  • November 12, 2012
    Stockholm renews contract with Q-Free
    The Swedish Transport Administration (Trafikverket) has extended its contract with Q-Free for the servicing and maintenance of the congestion charging infrastructure in Stockholm. Valued at approximately US$3.13 million the contract has been extended for a year, starting 1 January 2013, Q-Free’s CEO, Oyvind Isaksen, said, “We see Sweden as a very important and exciting market going forward. Our continuing participation in service and maintenance activities is essential for our local presence and not at lea
  • August 10, 2015
    Q-Free awarded free flow toll extension in Portugal
    Portuguese motorways operator Ascendi has awarded Q-Free a US$19 million contract for the renewal and extension of service and maintenance of several of the Ascendi multi-lane free flow toll (MLFF) concessions for a further six years. Ascendi is said to be the largest European private operator, providing automatic vehicle classification of four vehicle classes including HGVs and light passenger vehicles. The company has 128 collection points installed and processes around one million transactions per da
  • October 30, 2014
    Q-FREE expands ATMS orders in the US
    Q-Free Open Roads has been awarded advanced transportation management systems (ATMS) contracts in the US at a value of US$2.5 million for equipment and services. The contracts will be delivered in the first and second quarters of 2015. “We are very pleased to see the high activity level in Open Roads following Q-Free’s recent acquisition,” says Q-Free CEO Thomas Falck. Q-Free acquired Open Roads Consulting in September this year and said at the time that the acquisition was a strategically good match