VIQ Solutions Inc.

VIQ Solutions Inc.

October 12, 2010 17:16 ET

VIQ Solutions Signs Software License Agreement with Cisco Systems

MARKHAM, ONTARIO--(Marketwire - Oct. 12, 2010) - VIQ Solutions Inc. ("VIQ" or "VIQ Solutions") (TSX VENTURE:VQS) announced today that they have signed a five year software licensing agreement ("License Agreement") with Cisco Systems, Inc. ("Cisco"). The non-exclusive License Agreement covers the licensing and integration of VIQ's Encompass RPC product suite into Cisco's product portfolio worldwide.

VIQ's Encompass RPC software provides the unprecedented ability to securely control multimedia recording in multiple courtrooms from any satellite location across the Internet, WAN or LAN. This remote processing control, backed by real-time synchronization for complete data redundancy, allows large-scale and complex installations to be managed efficiently by fewer resources.

"There is a natural fit between the products, technology and expertise that seamlessly provides a scalable, reliable, secure justice system that will benefit the legal community," says David Outhwaite, President and Chief Executive Officer of VIQ Solutions. "The integration of our solutions on a worldwide basis brings unprecedented opportunity to the justice community to improve operational efficiencies and reduce costs."

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.

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 the timing and ability to provide the services and technical support contemplated under the License Agreement, the amount of license and support fees payable under the License Agreement and the term of the License Agreement may be shorter than five years, 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, whether as a result of new information, future events or otherwise, unless so 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.

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