OBU orders and CEO changes for Q-Free

Portuguese tag issuer Via Verde, part of the Brisa Group, has ordered on-board units from Q-Free in an order worth approximately US$1.9 million. The order will be delivered within the second quarter of 2014. Q-Free’s fourth generation OBU610 is small and unobtrusive, yet powerful enough to support all applicable 5.8GHz CEN DSRC protocols for automatic registration, identification and fee collection from vehicles. “Via Verde has been customer of Q-Free since 1995 and we have now supplied more than 3.2
Charging, Tolling & Road Pricing / January 6, 2014
Portuguese tag issuer 3843 Via Verde, part of the 2051 BRISA Group, has ordered on-board units from 108 Q-Free in an order worth approximately US$1.9 million. The order will be delivered within the second quarter of 2014.

Q-Free’s fourth generation OBU610 is small and unobtrusive, yet powerful enough to support all applicable 5.8GHz CEN DSRC protocols for automatic registration, identification and fee collection from vehicles.

“Via Verde has been customer of Q-Free since 1995 and we have now supplied more than 3.2 million tags to this market.  Each repeat order is adding to our strong position in this interesting tag market", comments Q-Free CEO Øyvind Isaksen.

To aid the company in its ambitious targets in what it says is a challenging market, the board of directors of Q-Free has appointed Thomas Falck as CEO with immediate effect.  He replaces Øyvind Isaksen, who has been CEO since 2006.

Falck has extensive experience in business development, gained as a partner in Verdane Capital, as CEO of Visma Marine and as a board member of several held private and public companies.

“We thank Øyvind Isaksen for his valuable contributions during his seven year tenure as CEO, when the company has taken important steps in its internationalisation and technology development. We believe Q-Free has great development potential going forward, and in Thomas Falck we have a leader who can take over the reins from day one,” says Terje Christoffersen, Q-Free chairman.
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