VIQ Solutions Wins Transcription Contract 2013-11-26 18:13 AT - News Release
Mr. David Outhwaite reports
VIQ SOLUTIONS' SUBSIDIARY AWARDED CONTRACT BY AUSTRALIAN CAPITAL TERRITORY
Spark & Cannon Australasia Pty. Ltd., VIQ Solutions Inc.'s wholly owned Australian subsidiary, has been awarded a contract by the Australian Capital Territory for the provision of recording and transcription services covering the Australian Capital Territory Civil and Administrative Tribunal, the Australian Capital Territory Magistrates Courts and the Australian Capital Territory Supreme Courts.
The contract has a term of three years with two options to extend for an additional year each. The contract's estimated revenue to Spark & Cannon, assuming the options are extended, is $4.6-million (Australian) over the five-year term, based on the historical workflow supplied by the Australian Capital Territory.
The contract provides for the installation and maintenance of VIQ Solutions software and associated hardware, and the provision of recording and transcription services covering 19 courtrooms and five hearing rooms across three geographic locations.
"Spark & Cannon is pleased to provide the Australian Capital Territory with recording and transcription services," said Gregory Farmer, general manager of Spark & Cannon. "The awarding of this contract demonstrates Spark & Cannon's position as market leader in the provision of transcription solutions across Australia. We are delighted the Australian Capital Territory has selected Spark & Cannon and the most digitally advanced recording solution available in the marketplace."
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