MARKHAM, ON, March 27 /CNW/ - VIQ Solutions Inc. ("VIQ Solutions" or the
"Corporation") (TSX Venture: VQS) announced today that Spark & Cannon
Australasia Pty Limited ("Spark & Cannon"), the Corporation's wholly-owned
Australian subsidiary, has been awarded a contract by the State Contracts
Control Board on behalf of the New South Wales Police and the Crown ("NSW
Police") for the provision of transcription services.
Spark & Cannon will be a participant on a panel of five contractors
appointed by NSW Police. The contract's estimated value to Spark & Cannon is
AUS $640,000 per annum based on the historical workflow supplied by NSW Police
in the tender documents and the expected workflow available to Spark & Cannon.
The contract, which commences on April 2nd, 2007, has a term of three years
with two options to extend for an additional year each.
NSW Police is Australia's oldest and largest police organization and one
of the largest in the English speaking world with 17,000 employees and 13,300
police serving a population of seven million in New South Wales from more than
500 police stations. The contract covers the provision of High Security
Transcription of police recordings.
"The awarding of the NSW Police contract demonstrates Spark & Cannon's
leadership in providing reliable, secure transcription services in Australia,"
said Gregory Farmer, General Manager of Spark & Cannon. "We are committed to
providing the NSW Police with the same high level of quality service for which
Spark & Cannon is renowned."
The Corporation recently announced the awarding of two additional
transcription contracts to Spark & Cannon for the provision of court reporting
and transcription services, being the Western Australia Department of the
Attorney General ("DotAG") and the Western Australia Industrial Relations
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 Spark & Cannon Australasia Pty Limited
A court reporting industry leader for over 40 years, Spark & Cannon
offers efficient verbatim transcription to the courts. With a network of
offices throughout Australia, Spark & Cannon serves legal customers in Western
Australia, South Australia, Victoria, New South Wales, and Tasmania. Spark &
Cannon boasts a growing list of satisfied customers, including the WA Ministry
of Justice, Federal Court of Australia, Family Court of Australia and numerous
state-based courts and tribunals. For more information visit the Spark &
Cannon website at www.sparkandcannon.com.au.
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.
For further information:
For further information: David Outhwaite, President & CEO, VIQ
Solutions, (905) 948-8266 ext. 250, email: firstname.lastname@example.org; or
Karen Hersh, Chief Financial Officer, VIQ Solutions, (905) 948-8266 ext. 240,