Press

At VIQ, our disruptive technologies are making news everyday. Stay on the pulse of company innovations by reading about product releases, earnings & more.

VIQ Solutions Receives Patent Protection for Secure Digital Evidence-Based Training Portfolio

“We believe that this patent-protected innovation will address qualitative variations and other complications encountered when granting procedure-specific licenses to professionals, such as surgeons,” said Sebastien Paré, President and CEO of VIQ. “This technology opens up a practical pathway to assessment, grading and licensing of practicing professionals for specific procedures.”

November 14, 2018

VIQ Solutions Raises Capital for Strategic & Accretive Growth Acquisitions

“Law enforcement, insurance, and courts & justice are some of the highly fragmented markets experiencing the early stages of a massive digital revolution in the processing of audio and video recordings, and documentation of evidence. In addition, the acquisitions will increase our digital volume for AI processing and advance our AI product commercialization”, said Sebastien Paré, President and CEO of VIQ.

November 9, 2018

VIQ Appoints COO to drive growth of AI voice technology platform & expand transcription business

“Susan brings extensive experience in operations, process and technology having held executive leadership positions with one of the largest providers of natural language processing document solutions, serving the medical industry,” said Sebastien Paré, President and CEO of VIQ.

September 5, 2018

VIQ Reports Q2 Revenue Growth & Operational Update

“We are excited to see our customers transitioning from conventional license and support models to our new SaaS platform. Our customers are truly gaining an understanding of the benefits, and are moving to take advantage of the enhanced functionality offered by NetScribeTM and aiAssistTM,”  said Sebastien Paré, President and CEO of VIQ.

August 28, 2018

VIQ releases first commercial AI application

“MobileMic has been completely re-engineered and is the first commercial deployment of VIQ’s aiAssistTM Artificial Intelligence platform,” said Sebastien Paré, President and CEO of VIQ Solutions. “We are excited to offer this artificial intelligence capability to the marketplace and existing customers.”

July 17, 2018

VIQ Announces New Partnership with Canadian Police

“We are honoured to provide the city police with our technologies for capture and management of sensitive interrogations. VIQ Satellite employs cybersecurity, data analytics and our collaborative web portal,” said Sebastien Paré, President and CEO of VIQ Solutions.

May 31, 2018

VIQ Reports Steady Growth and Profitable First Quarter Results

Selected Q1 2018 Highlights:

  • Revenues increased 4.2% to $3.0 million from $2.9 million in Q1 2017.
  • Year over year, software revenue increased by 6% and services by 3.1%.
  • Significant development efforts on new artificial intelligence (ai) product aiAssistTM.
Read the Full Press Release
May 29, 2018

VIQ Solutions Inc. Reports Full Year 2017 Results

  • Revenue increased by 36%
  • Recurring revenue up 23% via transition to Artificial Intelligence and SaaS

“Fiscal 2017 was a transformational year for VIQ,” stated Sebastien Paré, VIQ President and CEO, and “The Company successfully established a strong foundation for our transition to SaaS and artificial intelligence-based revenue from its new products.”

April 24, 2018

Veteran Court Technology Executive to Lead Global Justice Initiatives

“Kurt brings a deep commitment of courts to our leadership team, along with more than a decade of proven success working with the world’s most innovative courts,” said Peter Kostandenou, CMO. “Kurt will focus on growing our core judicial business, increasing partnerships with courts, best-in-class AV integrators, and developing strategic alliances.”

Read the Full Press Release
February 24, 2018

VIQ Solutions Announces Important EMEA Business Expansion

“The EMEA region is proving it is the growth hub we anticipated. Our partners and clients throughout the region have welcomed VIQ’s advanced solutions which provide a secure platform meeting the increased demands of their growing businesses,” said Sebastien Paré, President and CEO of VIQ Solutions.

February 6, 2018

VIQ Announces Breakthrough Win with US Medical Trauma Center

“This breakthrough advances VIQ’s growing reputation in Healthcare, Public Safety, Justice, and Law Enforcement. VIQ’s leading-edge digital media solutions are designed to meet the exacting demands of these markets while maintaining the highest level of security and privacy for their digital content,”said Sebastien Paré, President and CEO of VIQ Solutions.

December 14, 2017

VIQ Solutions Announces Stock Option Grant

The options were granted in accordance with the Company’s stock option plan and have an exercise price of $0.28 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.

December 7, 2017

VIQ Solutions Announces Closing of Private Placement

The Company issued an aggregate of 16,373,446 units (“Units”) at a price of $0.30 per Unit for gross proceeds of approximately CDN$4.9 million in the Private Placements.

November 22, 2017

VIQ Solutions Announces Early Closing of Oversubscribed Non Brokered Private Placement

The Company issued 11,022,281 units (“Units”) at a price of $0.30 per Unit for gross proceeds of CAD$3.3 million (the “Non-Brokered Offering”), exceeding its goal of CAD$2.5 million as set out in the Company’s press release dated November 2, 2017 (the “Press Release”) in respect of the Non-Brokered Offering.

November 15, 2017

VIQ Announces Conference Call to Discuss Third Quarter Results

The call will be held on Thursday, November 30th at 16:00 ET. Participants may join the conference call by dialing 1-855-223-2840 within North America or
1-647-788-4945 outside of North America five to ten minutes prior to the scheduled start time. The conference ID is 6091588 “VIQ Q3 Earnings Conference Call.”

November 14, 2017

VIQ Announces $5.5M to Accelerate its Game Changing aiAssist™

VIQ intends to use the net proceeds of the Offerings to accelerate market delivery of its artificial intelligence platform, aiAssist™. Government agencies especially in the areas of public safety, intelligence, and medical are expected to make significant investments in Analytics and Artificial Intelligence (“AI”) technologies over the next five years.

November 2, 2017

VIQ Announces Contract with the University of Guelph

“This collaborative audio-video project with a prestigious customer such as OVC is a very important win for VIQ in the medical market. VIQ Satellite AV employs our most advanced technologies including cybersecurity, data analytics and the collaborative web portal,” said Sebastien Paré, President and CEO of VIQ Solutions.

October 10, 2017

VIQ Announces Next Growth Driver, aiAssist™

VIQ’s artificial intelligence platform is being designed to unlock the critical value of the massive digital content customers and partners securely capture, manage and mine with VIQ.

July 21, 2017