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Q-Free wins in Brazil again

Q-Free has been awarded a new frame agreement for delivery of tolling tags from Centro Gestao Meios de Pagto (CGMP), Brazil's Centro tag distributor, valued at US$12, with a guaranteed volume of just over $4 million.
August 16, 2012 Read time: 1 min
108 Q-Free has been awarded a new frame agreement for delivery of tolling tags from Centro Gestao Meios de Pagto (CGMP), Brazil's Centro tag distributor, valued at US$12, with a guaranteed volume of just over $4 million.
  
This new frame agreement is the second that Q-Free has received from CGMP for tags and roadside equipment. In October 2010, the company won a US$34.25 million agreement and last December, Q-Free announced a call of $8.68 million from that original frame agreement. At the time, Q-Free revealed it had supplied over four million toll tags to the Brazilian market.

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