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VIQ Solutions releases its first commercial mobile Artificial Intelligence application

T.VQS

TORONTO, July 17, 2018 (GLOBE NEWSWIRE) -- VIQ Solutions Inc. (“VIQ” or the “Company”) (TSX Venture:VQS), a global expert in providing purpose-built artificial intelligence through their digital evidence capture and content transformation platform, is pleased to announce the release its new MobileMic, significantly updated with artificial intelligence.

MobileMic offers studio-quality recording with the power of artificial intelligence to generate professional-grade automated transcriptions and document creation for professionals requiring an end-to-end solution. Key uses include mobile insurance adjustors, police and public safety officials for field interviews and medical professionals for in office and patient home care.

“This new release of MobileMic is an important milestone. MobileMic has been completely re-engineered and is the first commercial deployment of VIQ’s aiAssist 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. VIQ has 200 customers already upgraded and taking advantage of the artificial intelligence capabilities in this more powerful MobileMic.”

 MobileMic with artificial intelligence is now available globally from the Apple App Store and Google Play Store.  It is available for a nominal download fee and requires an ongoing subscription to the VIQ aiAssist engine.

Forward-looking Statements

Certain statements included in this news release constitute forward-looking statements or forward-looking information under applicable securities legislation. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project" or similar words suggesting future outcomes or statements regarding an outlook. Forward-looking statements or information in this news release include, but are not limited to, management’s targets for the Company’s growth in 2017, as well as the size, scope, and timing of the implementation of projects currently in the pilot phase.

Forward-looking statements or information is based on a number of factors and assumptions which have been used to develop such statements and information, but which may prove to be incorrect. Although VIQ believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because VIQ can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified in this news release, assumptions have been made regarding, among other things, the Company’s recent initiatives, and that sales and prospects may provide incremental value for shareholders. Readers are cautioned that the preceding list is not exhaustive of all factors and assumptions which have been used.

Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by VIQ and described in the forward-looking statements or information. These risks and uncertainties may cause actual results to differ materially from the forward-looking statements or information. Readers are cautioned that the foregoing list is not exhaustive of all possible risks and uncertainties.

About VIQ Solutions Inc.

VIQ is the leading technology and service platform provider for digital evidence capture and content management through purpose-built artificial intelligence. Our secure modular software allows customers to onboard the VIQ platform at any stage of their organization's digitization, from the digital capture of video and audio to online collaboration, mobility, data analytics and integration with sensors, facial recognition, speech recognition and case management or patient record systems. VIQ's technology leads the industry in security, meeting the highest international standards for digital/cybersecurity and privacy, including military and medical regulations.

Our solutions are used in over 20 countries with tens of thousands of users in more than 200 government and private agencies including law enforcement, immigration, medical, legal, insurance, courts, transportation and transcription service providers. VIQ also provides end-to-end transcription services to several large government agencies through our Australia-based reporting and transcription partners. VIQ operates worldwide with partners like security integrators, audio-video specialists, and hardware and data storage suppliers. For more information about VIQ, please visit www.viqsolutions.com.

For further information: Peter Kostandenou, Chief Marketing Officer, VIQ Solutions, (905) 948-8266 ext. 213, email: peter@viqsolutions.com.

For more information about VIQ, please visit www.viqsolutions.com.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

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