MARKHAM, ONTARIO -- (Marketwired) -- 08/19/14 -- VIQ Solutions Inc. ("VIQ Solutions" or the "Corporation") (TSX VENTURE: VQS) is pleased to announce that on August 18, 2014 it granted 500,000 stock options to Sebastien Pare in connection with his appointment as President of VIQ Solutions, 54,987 stock options to each of Larry Taylor and Harvey Gordon in connection with their appointments as new directors of the Corporation and 3,055 stock options to George Kempff in connection with his appointment as chair of the audit committee of the Corporation's board of directors. The options were granted with an exercise price of $0.05 per share, have a term of five years, and vest one-third on the date of grant, with an additional one-third vesting on each of the next two anniversaries of the date of grant.
About VIQ Solutions Inc.
VIQ Solutions is a global leader in computer-based digital audio and video capture and management. We develop software solutions that capture, digitize, and compress audio and video data, which is securely stored in a multi-tiered server system where it is easily searchable and shareable. Our innovative media processor technology allows users to remotely control audio-video capture in multiple locations from a single satellite location, allowing large-scale and complex installations to be managed efficiently by fewer resources. VIQ Solutions' technologies are installed in courts, legislative assemblies, law enforcement and hearing rooms around the world.
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Contacts:
VIQ Solutions Inc.
David Outhwaite
CEO
(905) 948-8266 ext. 250
douthwaite@viqsolutions.com
VIQ Solutions Inc.
Karen Hersh
Chief Financial Officer
(905) 948-8266 ext. 240
khersh@viqsolutions.com