Q-Free tag order from Portugal

Q-Free is to supply toll tags to Portuguese tag service provider Via Verde, part of the BRISA Group, under an exclusive three-year frame agreement valued at around US$9-11 million (NOK75-90 million). Delivery will begin immediately. Via Verde is the leading DSRC tag service provider in Portugal with more than three million active customers. Q-Free, which has delivered approximately four million tags to Portugal over the years and expects demand to be significant in the coming

Q-Free has announced revenues of US$21.11 million during the first quarter 2012 compared to US$29.66 million in the corresponding quarter in 2011, while order intake came in at $44.29 million, $6.45 million more than in previous quarter and $2.96 million more than in Q1-2011, reflecting, the company says, that its general optimism regarding demand is well grounded.

Q-Free has received a US$3.1 million (NOK26 million) order for toll tags from Costanera Norte, one of four concessionaires in Santiago, Chile. The order will be delivered between November 2016 and January 2018. Q-Free has delivered tags to all the urban concessionaries of Santiago since the implementation of the first multi-lane free flow system, with more than 1.6 million tags delivered during the last 10 years.