VIQ Solutions Inc.
TSX VENTURE : VQS

VIQ Solutions Inc.

April 21, 2006 23:57 ET

VIQ Solutions Retires Warrants

MARKHAM, ONTARIO—-(Marketwire – April 21, 2006) - VIQ Solutions Inc. ("VIQ Solutions" or the "Corporation") (TSX VENTURE:VQS) and the holders of 4,832,278 VIQ Solutions share purchase warrants have agreed to amend the expiry date of these warrants such that these warrants have now expired. The warrants were originally issued in an $0.18 unit private placement, which closed in multiple tranches between December 30, 2004 and February 28, 2005. The units consisted of one common share and one half of one warrant, each whole warrant having a strike price of $0.30 and originally expiring on dates from June 30, 2006 to August 28, 2006.

VIQ Solutions currently has outstanding 66,081,753 common shares and 8.4 million share purchase warrants. Of these outstanding warrants, 4.5 million are exercisable at $0.30 and expire on or before September 16, 2006, 3.6 million are exercisable at $0.30 and expire on September 16, 2007 and 345,000 have exercise prices between $0.50 and $1.07 and expire in 2008.

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.

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