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CALGARY, Aug. 18 /CNW/ - VIQ Solutions Inc. ("VIQ" or the "Corporation") (TSX Venture: VQS) announced today that Netsound Pty Limited ("Netsound") has been appointed as the Regional Distributor of VIQ's products and services for the Asia-Pacific region.
Based in Sydney, Australia, Netsound is the latest distributor to join forces with VIQ and will launch VIQ's complete suite of products into new markets and opportunities in Australia and the Asia-Pacific region. Working cooperatively with Spark & Cannon, VIQ's wholly-owned court reporting and transcription subsidiary, Netsound will bring VIQ's digital recording products and NetScribe transcription solution into new vertical markets in the region.
"Asia-Pacific represents a largely untapped market for VIQ Solutions," says Piers Morgan, President and CEO of Netsound. "Netsound's senior personnel have many years experience selling technology solutions throughout the Asia-Pacific region and a deep understanding of how to achieve success in the region. We believe this region will present significant opportunities for VIQ over the coming years. Netsound is presently expanding its presence in selected markets to develop future sales opportunities."
"This appointment fits within VIQ's plan for international growth," says David Outhwaite, President and CEO of VIQ Solutions. "Netsound will enhance our market position in Australia by allowing us to enter into new vertical markets and will open up other opportunities in the Asia-Pacific region."
"I am particularly pleased that Piers Morgan, who has served as CEO of VIQ Solutions Australia for the past year and a half, has moved to Netsound as President and CEO, and will lead their efforts," continues Mr. Outwaite. "Piers clearly understands the advantages of the VIQ product suite and the great potential for our products globally."
About VIQ Solutions
VIQ Solutions is recognized as a global provider in the digital audio industry with innovative product and service-based solutions for voice-driven
systems in the legal, medical, business, and government industries. VIQ
Solutions provides an integrated range of digital record workflow solutions,
including digital audio and video capture, workflow management software,
transcription services, interactive electronic scheduling, and case management integration, all from one central, secure database.
About Netsound Pty Limited Netsound Pty Limited was established to market and sell VIQ Solutions products across the Asia-Pacific region. Netsound offers the complete suite of VIQ products both directly and through a network of 3rd party resellers. Netsound's core strengths are in the business development and marketing of technology solutions. The Netsound management team has extensive experience delivering technology solutions throughout the Asia-Pacific region.
Forward-looking Statements
This press release contains forward-looking statements that involve risks
and uncertainties, which may cause actual results to differ materially from
the statements made. When used in this press release, the words "anticipate,"
"believe," "could," "estimate," "expect," "intend," "may," "plan," "will," and
"would" and similar expressions are intended to identify forward-looking
statements. Such statements reflect VIQ Solutions Inc.'s current views with
respect to future events and are subject to such risks and uncertainties. Many
factors could cause our actual results to differ materially from the
statements made including those factors detailed from time to time in filings
made by VIQ Solutions Inc. with Canadian securities regulatory authorities.
Should one or more of these risks or uncertainties materialize, or should
assumptions underlying the forward-looking statements prove incorrect, actual
results may vary materially from those described herein as intended, planned,
anticipated or expected. VIQ Solutions Inc. does not intend and does not
assume any obligation to update these forward-looking statements.
The TSX Venture Exchange has neither approved nor disapproved of the
contents of this press release.
For further information: David Outhwaite, President & CEO, VIQ
Solutions, (905) 948-8266 ext. 250, email: douthwaite@viqsolutions.com, or
Karen Hersh, Chief Financial Officer, VIQ Solutions, (905) 948-8266 ext. 240,
email: khersh@viqsolutions.com
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