CALGARY, Aug. 18 /CNW/ - VIQ Solutions Inc. ("VIQ" or the "Corporation")
(TSX Venture: VQS) announced today that Netsound Pty Limited ("Netsound") has
been appointed as the Regional Distributor of VIQ's products and services for
the Asia-Pacific region.
Based in Sydney, Australia, Netsound is the latest distributor to join
forces with VIQ and will launch VIQ's complete suite of products into new
markets and opportunities in Australia and the Asia-Pacific region.
Working cooperatively with Spark & Cannon, VIQ's wholly-owned court
reporting and transcription subsidiary, Netsound will bring VIQ's digital
recording products and NetScribe transcription solution into new vertical
markets in the region.
"Asia-Pacific represents a largely untapped market for VIQ Solutions,"
says Piers Morgan, President and CEO of Netsound. "Netsound's senior
personnel have many years experience selling technology solutions throughout
the Asia-Pacific region and a deep understanding of how to achieve success in
the region. We believe this region will present significant opportunities for
VIQ over the coming years. Netsound is presently expanding its presence in
selected markets to develop future sales opportunities."
"This appointment fits within VIQ's plan for international growth," says
David Outhwaite, President and CEO of VIQ Solutions. "Netsound will enhance
our market position in Australia by allowing us to enter into new vertical
markets and will open up other opportunities in the Asia-Pacific region."
"I am particularly pleased that Piers Morgan, who has served as CEO of
VIQ Solutions Australia for the past year and a half, has moved to Netsound
as President and CEO, and will lead their efforts," continues Mr. Outwaite.
"Piers clearly understands the advantages of the VIQ product suite and the
great potential for our products globally."
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.
About Netsound Pty Limited
Netsound Pty Limited was established to market and sell VIQ Solutions
products across the Asia-Pacific region. Netsound offers the complete suite
of VIQ products both directly and through a network of 3rd party resellers.
Netsound's core strengths are in the business development and marketing of
technology solutions. The Netsound management team has extensive experience
delivering technology solutions throughout the Asia-Pacific region.
About Spark & Cannon Pty Limited
A court reporting industry leader for over 40 years, Spark & Cannon Pty
Limited offers efficient verbatim transcription to the courts. With a network
of offices throughout Australia, Spark & Cannon Pty Limited serves legal
customers in Western Australia, South Australia, Victoria, New South Wales,
and Tasmania. Spark & Cannon Pty Limited boasts a growing list of satisfied
customers, including the WA Ministry of Justice, Family Court of Australia
and numerous state based courts and tribunals.
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 Inc.'s
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 those factors detailed from
time to time in filings made by VIQ Solutions Inc. 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 Inc. does
not intend and does not assume any obligation to update these forward-looking
statements.
The TSX Venture Exchange has neither approved nor disapproved of the
contents of this press release.
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