Brief: Q-Free Signs Contract With West Virginia Division Of Highways

Q-Free ASA

08/03/2021 07:04

March 8 (Reuters) - Q-Free ASA  QFR.OL :
    * Q-FREE: TRAFFIC MANAGEMENT CONTRACT IN USA - ~60 MNOK
    * CONTRACT IS STRUCTURED AS AN INITIAL DELIVERY IN FIRST
YEAR WITH
MONTHLY RECURRING OPERATIONS & MAINTENANCE REVENUES FOLLOWING 7
YEARS
    * CONTRACT WITH WEST VIRGINIA DIVISION OF HIGHWAYS
    * CONTRACT ALLOWS FOR OPPORTUNITIES TO GENERATE ADDITIONAL
REVENUES FROM DELIVERY OF NEW FEATURES, FUNCTIONALITIES, AND
SOLUTIONS OVER CONTRACT PERIOD

Source text for Eikon:  ID:nObiQcxG6a 
Further company coverage:  QFR.OL 

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