VIQ Solutions Announces Results for the Period December 24, 2004 to December 31, 2004

Restructuring Plan Fully Implemented 

TORONTO, April 29 /CNW/ -  VIQ Solutions Inc. ("VIQ Solutions" or the
"Corporation") (TSX Venture: VQS) today reported its financial results for the
period December 24, 2004 to December 31, 2004.
On December 23, 2004, the Corporation purchased all of the voice capture
and digitization assets and business of VoiceIQ Inc. ("VoiceIQ") in exchange
for 36,776,310 shares of the Corporation (the "Acquisition"). As part of the
Acquisition, VIQ Solutions assumed all of VoiceIQ's contractual obligations
and liabilities as of the date of the Plan of Arrangement that were not
compromised by VoiceIQ under the Companies Creditors Arrangement Act (Canada).
Accordingly, the Corporation commenced active operations as of        
December 24, 2004.
Net sales were $85,672 for the period December 24, 2004 to       
December 31, 2004. Net losses were $76,299 and net loss per share was $nil for
the period.
"During the period, the Corporation successfully completed the Plan of
Arrangement whereby it acquired the digital voice capture assets and business
of VoiceIQ" said David Outhwaite, VIQ Solutions' Chief Executive Officer.
"Also during the period, the Corporation completed a private placement raising
net proceeds of $1,804,600, as well as raising additional proceeds of
$1,673,440 subsequent to the period. To ensure that we had sufficient
liquidity, the Corporation also negotiated the placement of a $1.28 million
convertible debenture subsequent to the reporting period. Part of the proceeds
of these financings were used to pay off the outstanding debtor in possession
facility and restructuring costs associated with the Plan of Arrangement.
Accordingly, we feel we are well capitalized to operate the business for the
foreseeable future," added Mr. Outhwaite.

Selected Restated Financial Information

Certain selected financial information is attached to this release and is
qualified in its entirety and should be read together with the audited
consolidated financial statements for the period ended December 31, 2004,
including the notes thereto.

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.
%SEDAR: 00021610E