|
MARKHAM, ON, April 8, 2009 - VIQ Solutions Inc. ("VIQ", "VIQ Solutions" or the
"Corporation") (TSX Venture: VQS) announced today that the Corporation has been
selected by Atos Origin, a leading international IT services provider, to provide digital
recording software and services for a project in the United Kingdom.
The project calls for VIQ to provide a complete digital audio recording and management
solution for approximately 594 fixed and portable installations across the United
Kingdom. The project includes a five-year support and maintenance contract with an
option to extend for a further three years. The contract is estimated to be worth £3.3
million over the eight-year period. VIQ's value-added reseller, Brähler ICS UK Ltd., a
UK-based provider of audio support services, will provide on-site installation and
technical support. It is anticipated that early stage implementation will begin in the
second quarter of 2009.
VIQ's Commercial Off the Shelf ("COTS") enterprise-level Encompass Server and
Workstation solutions will be implemented to provide the digital audio recording and
management service. The Encompass Server and Workstation solutions provide a
redundant, secure database solution with built-in integration with the client's existing
case management system.
"We are extremely pleased that Atos Origin recognized VIQ's expertise in integrated
digital audio projects of this magnitude," said David Outhwaite, President and CEO of
VIQ Solutions. "Our COTS solution's unmatched architecture provides full data
redundancy, complete database management and a third-party case management interface
that effectively addresses the client's unique digital recording requirements."
About VIQ Solutions Inc.
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 Atos Origin
Atos Origin is an international information technology services company. Its business is turning client vision into results through the application of Consulting, Systems
Integration and Managed Operations. The Company's annual revenue is EUR 5.5 billion and it employs 50,000 professionals in 40 countries. Atos Origin is the Worldwide
Information Technology Partner for the Olympic Games and has a client base of international blue-chip companies across all sectors. Atos Origin is quoted on the Paris
Eurolist Market and trades as Atos Origin, Atos Worldline and Atos Consulting.
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' 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 reliance on Brähler ICS UK Ltd. to adequately provide the
services and technical support described herein, the exercise of the option to renew the
term of the work program contemplated in this release on time, the size and scope of the
project to remain constant during the term of the project as well as those factors detailed
from time to time in other filings made by VIQ Solutions 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 does not intend and does not assume any obligation to update
these forward-looking statements except as may be required by applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this 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
|