MARKHAM, ONTARIO -- (Marketwired) -- 07/21/15 -- VIQ Solutions Inc. ("VIQ Solutions" or the "Corporation") (TSX VENTURE: VQS) announces that it has granted an aggregate of 2,950,000 stock options pursuant to its Stock Option Plan, including a total of 1,500,000 to its three independent directors and a total of 1,450,000 options to employees and officers of the Corporation. The options were granted with an exercise price of $0.06 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. VIQ Solutions has also granted an aggregate of 1,800,000 deferred share units to its three independent directors, pursuant to its Deferred Share Unit Plan. The Deferred Share Unit Plan was approved by shareholders at the Corporation's recent annual general meeting of shareholders and provides for a maximum of 2,000,000 common shares to be issuable under outstanding deferred share units.
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About VIQ Solutions Inc.
VIQ Solutions is the global expert in digital recording technology. With a better approach to the collection, storage and management of digital audio, video and files, we help increase efficiency, improve security and reduce costs for courts, law enforcement agencies, insurance companies, health providers, and legislatures around the world. We've got the technology, the experience and the expertise to efficiently manage country-wide installations of hundreds of rooms, with hundreds of terabytes of data. Managing digital media evidence is what we do, and we do it better than anyone else.
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Contacts:
VIQ Solutions Inc.
Sebastien Pare
President & CEO
(905) 948-8266 ext. 221
spare@viqsolutions.com
www.viqsolutions.com
