VIQ Solutions Inc.
TSX VENTURE : VQS

VIQ Solutions Inc.

June 30, 2016 08:35 ET

VIQ Solutions Appoints New CFO as Company Moves Forward with Growth Plan

MARKHAM, ONTARIO--(Marketwired - June 30, 2016) - VIQ Solutions Inc. ("VIQ", "VIQ Solutions", or "the Company") (TSX VENTURE:VQS) is pleased to announce the Company has appointed Lawrence Tjan as Chief Financial Officer.

"I am pleased to welcome Lawrence to VIQ. He is a valuable addition to our team and his appointment allows me to focus fully on growing the company's revenue," said Sebastien Paré, President and CEO of VIQ Solutions. "Lawrence understands our company, markets and business. His expertise and energy are invaluable as the Company continues its transformation into important new markets and its drive towards profitability."

As CFO, Mr. Tjan is responsible for leading financial and corporate reporting, including governance, financial partnerships and potential acquisitions. He has more than 20 years finance experience, with special focus on growing small cap technology firms. Mr. Tjan will operate on a part time basis.

"I am excited to join VIQ at this dynamic stage of the Company's growth," said Mr. Tjan. "VIQ is strongly pursuing its transformation into new markets and I look forward to working with Mr. Paré and the VIQ team. Our goal is to strengthen the positive momentum that now defines the new VIQ."

Mr. Tjan was awarded 600,000 stock options in respect of his appointment. The options were granted with an exercise price of $0.11 per share, with a five year term, vesting a third on the grant date, and an additional third vesting on each of the next two grant date anniversaries.

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 leading technology and service platform provider for digital evidence capture and content management. Our secure modular software allows customers to onboard the VIQ platform at any stage of their organization's digitization, from the capture of digital content from video and audio devices through to online collaboration, mobility, data analytics and integration with sensors, facial recognition, speech recognition and case management or patient record systems. VIQ's technology leads the industry in security, meeting the highest international standards for digital/cyber security and privacy, including military and medical regulations.

Our solutions are in use in over 20 countries with tens of thousands of users in over 200 government and private agencies including law enforcement, immigration, medical, legal, insurance, courts, and transportation and transcription services. VIQ also provides end to end transcription services to several large government agencies through our Australia-based reporting and transcription partners. VIQ operates worldwide with partners like security integrators, audio-video specialists, and hardware and data storage suppliers.

Managing digital media evidence is what we do, and we do it better than anyone else.

For more information about VIQ Solutions, please visit www.viqsolutions.com.

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.

Contact Information

  • VIQ Solutions Inc.
    Sebastien Pare
    President and Chief Executive Officer
    (905) 948-8266 ext. 221
    spare@viqsolutions.com