MARKHAM, ONTARIO--(Marketwired - Feb. 4, 2016) - VIQ Solutions Inc. ("VIQ", "VIQ Solutions" or the "Corporation") (TSX VENTURE:VQS) is pleased to announce that Spark & Cannon, VIQ's Australia-based reporting and transcription services and technology distributor, has been awarded a new transcription contract with the Department of Health and Human Services ("the Department") for a period of two years, with a further one year option available.
The Department is responsible for developing and delivering policies, programs and services that support and enhance the well-being of all Victorians. As part of this contract, Spark & Cannon will provide ongoing quality transcription services in a timely manner from interviews recorded and provided to Spark & Cannon electronically. Transcripts will be prepared using security cleared personnel in the Spark & Cannon Melbourne office.
"The awarding of this contract is further evidence of the dominance of the Spark & Cannon business as a provider of quality services to the state of Victoria," said Matthew Fowler, Managing Director of VIQ Spark & Cannon. "I am extremely pleased the Department has selected Spark & Cannon based on our past performance and quality of our transcripts. We look forward to establishing an ongoing relationship with the Department based on trusted service delivery."
"VIQ and Spark & Cannon have a considerable pedigree with high-profile agencies like the Department of Health and Human Services where the security, privacy and confidentiality of digital data is crucial at all stages, including transcription services," said Sebastien Paré, President and CEO of VIQ Solutions. "I'm very pleased that Spark & Cannon have been rewarded with another multi-year contract that further demonstrates their capabilities and expertise in the Australian market and provide the Corporation with steady, recurring revenue over the next few years."
For more information on what is making the news at VIQ Solutions, please visit our website at www.viqsolutions.com/news.
About VIQ Solutions Inc.
VIQ Solutions is the global expert in digital recording technology. With a better approach to the collection, storage and management of digital audio, video and files, we help increase efficiency, improve security and reduce costs for courts, law enforcement agencies, insurance companies, health providers, and legislatures around the world. We've got the technology, the experience and the expertise to efficiently manage country-wide installations of hundreds of rooms, with hundreds of terabytes of data. Managing digital media evidence is what we do, and we do it better than anyone else.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements included in this news release constitute forward-looking statements or forward-looking information under applicable securities legislation. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project" or similar words suggesting future outcomes or statements regarding an outlook. Forward-looking statements or information in this news release include, but are not limited to, the expected duration and scope of the contract.
The forward-looking statements or information contained in this news release are made as of the date hereof and the Corporation undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise unless required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.