Q-Free has been awarded five new contracts by the Norwegian Public Roads Administration for its AutoPass roadside tolling systems. The contracts, at an estimated value of US$6.8 million, are for projects located in Bodø, Harstad, Svinesund, Helgeland and Tresfjord in Norway. The delivery comprises installation of charging points, including gantries and roadside equipment, together with service and maintenance after the completion of the installation. The contract also includes option for extension of the se
Q-Free has increased its stake in US traffic controller supplier, Intelight, with a five year option program which will give shareholders the option to sell shares at closing in 2015 and in five subsequent years valid from 2016. The deal will give Q-Free the opportunity to add some 15 per cent of Intelight shares to its current 10.2 per cent shareholding each year. At end of the five year period, Q-Free has the option to acquire the rest of the shares. The first transaction will be closed during the second
APCOA Parking Sverige has awarded Q-Free a contract valued at an initial US$645,000 for two parking garages at the Stockholm Globe Arena in Sweden.
The solution includes a parking guidance system with single-space sensors and a barrier-free and ticketless access and payment solution. Q-Free Sweden will be responsible for the installation, which combines technologies from Q-Free Elcom, Q-Free TCS and Q-Free Netherlands.
“This is an important step for Q-Free in parking, showing that we offer important c
In a contract worth US$1.4 million Q-Free TCS is to supply the City of Montgomery in the US with an advanced transportation management system (ATMS).
The contract is for a parking guidance system which will begin in July and delivered by the end of 2014. Q-Free TCS has previously delivered two parking guidance systems to the same customer.
“Q-Free is the market leader within parking guidance solutions in North America. This contract confirms the attractiveness of our offering in this market,” says Q-F
