Frame agreement for tags in Portugal

Q-Free has signed a frame agreement for tags (OBUs) from Via Verde, - the only tag issuer in Portugal. The order has a minimum value of approximately 17 MNOK and will be supplied within two years.

Q-Free has signed a frame agreement for tags (OBUs) from Via Verde, - the only tag issuer in Portugal. The order has a minimum value of approximately 17 MNOK and will be supplied within two years.

Via Verde is a part of the Brisa Group, which is one of Portugal`s leading concessionaires.

Brisa has been a customer of Q-Free since 1994 and Q-Free has delivered more than 2.4 million tags, ETC equipment and back office system to Brisa over the years.

"The tag market in Portugal is expected to grow in the coming years for several reasons. Old tag technology is expected to be substituted by the newest technology, conversion of shadow tolling roads to real tolling will continue and not at least due to the potential electronic licence plate program in Portugal. In this respect it is very important for Q-Free to be Via Verde's preferred tag supplier and the first company ever to deliver the newest tag technology in Portugal", CEO in Q-Free Øyvind Isaksen comments.

Q-Free has a subsidiary in Lisbon, Portugal.

Trondheim 25th of May 2010.

For further information, please contact:
CEO Øyvind Isaksen, cell: +47 905 59 401
CFO Roar Østbø, cell: +47 932 45 175

Associated companies:


Related news

Latest news

Nemko Publishes Short Notes on China

Nemko has published a some updates related to China and new initiatives regarding standards, product safety and cyber security. 

Technip and FMC Technologies Shareholders Approve Business Combination

FMC Technologies Inc. and Technip S.A. have announced that the companies' respective shareholders have voted to approve the proposed business combination of Technip and FMC Technologies.

Nordsild

The fishing vessel "North Herring" belonging to Norsild Havfiske AS with factory from Melbu Systems was in August ready for cod fishing.

One of the Strongest Earthquakes in New Zealand in 200 years

NORSAR reports that New Zealand’s South Island was struck by one of the strongest earthquakes the country has observed in the past 200 years November 13, 2016.

Jotne Subsea Gas Lift for Balder Field

In April 2015, Jotne E&P was awarded an EPC contract to build the subsea gas lift manifold for Exxon Mobil on the Balder Field.

Jotne Awarded Contract for Subsea Protection Structure

In January 2016, Jotne E&P was awarded a contract for the delivery of a subsea protection structure and GRP cover for a Xmas tree at Balder field. The contract was awarded by Ocean Installer.

UiB and CMR in high-tech collaboration

Students from UiB last month joined an experiment with an ultra-high-speed camera. This was a part of the troubleshooting of the Field Kelvin Probe currently under development.

Hatteland Display at International Workboat Show 2016

Hatteland Display are highlighting its diverse portfolio of maritime displays and panel computers on its booth (#1658) at the International Workboat Show 2016 (IWBS 2016) this week.

Servogear Announces Upcoming Events

Servogear announces a busy end of November, beginning of December. They will be participating at important international exhibitions.