Q-Free has entered into an agreement to sell all assets related to its US-based security business Prometheus Security Group. Q-Free expects the transaction to be closed during February 2017, when all contracts, employees and other assets will be transferred to the new owner.
According to Q-Free’s CEO, Håkon Volldal, the company plans to move forward and develop the markets in its tolling, parking, infomobility, urban and inter-urban offerings.
Q-Free has added two new high performance products to its product portfolio, both with low power consumption and long life use.
The OBU615 is a Dedicated Short-Range Communication-based (DSRC) on-board unit (OBU) for applications such as electronic toll collection (ETC) and congestion charging, automatic vehicle identification (AVI), electronic registration identification (ERI), access control and parking. The device uses the same in-vehicle mounting as he OBU610, reducing logistic and operational costs
Q-Free has carried out a revision of the company strategy and will make organisational changes in order to strengthen its market position. CEO Thomas Falck, who was appointed CEO on 6 January 2014, on an initial six-month contract, will remain at the helm through 2014 in order to oversee a successful implementation of the changes.
Going forward, Q-Free will operate three business areas: road user charging (RUC); advanced transportation management systems (ATMS); and the new business area managed services
Q-Free says that it is keeping ahead of the curve with an integrated suite of tools including OpenTMS and the Advanced Transportation Management System. As well, on show is Intelight’s MaxView, offering unique arterial management solutions for traffic signals and Intelight’s MaxTime software for traffic signal controllers – on Intelight’s own booth, 124. Also showcased will be the Intrada Insight, an image processing solution. Q-Free says it is leading the way in urban mobility with its outdoor parking moni
