|
Markham, Ontario - March 19, 2010 - VIQ Solutions Inc. ("VIQ Solutions" or the "Corporation") (TSX
Venture: VQS) announced that it has secured an $875,000 secured bridge loan. The bridge loan bears
interest at a rate of 12%, payable semi-annually, for a term of one year and is subordinate to the
Corporation's existing $500,000 secured loan. The proceeds will be used for general working capital
purposes.
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.
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
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.
|