PHOENIX, ARIZONA, April 25, 2019 (GLOBE NEWSWIRE) -- VIQ Solutions Inc. (“VIQ” or the “Company”) (TSX Venture Exchange: VQS), a global expert providing cyber-secure AI technology and transcription services, today announced the appointment of Alexie Edwards as Chief Financial Officer, following the upcoming retirement of George Kempff.

Mr. Edwards’ appointment as CFO completes a strong executive management team to lead expansive growth. Mr. Edwards will report to VIQ CEO, Sebastien Pare. 

Mr. Edwards is a highly experienced financial technology executive. For the past six years he had a significant role in the growth of Jonas Software where he was Vice President Finance. Jonas Software is one of the largest software divisions of Constellation Software. Through multiple acquisition integrations in various international jurisdictions, Mr. Edwards enabled substantial shareholder value.

“Mr. Edwards brings tremendous experience and knowledge to our executive team and he will be a key player in the senior management team as the Company continues to execute on its growth strategy,” said Sebastien Pare, VIQ’s Chief Executive Officer.

Mr. Edwards will start on May 1, taking over for Mr. Kempff, who was interim CFO since 2017 and Director from 2005 to 2017.

“We are grateful for the time Mr. Kempff has committed to this transition over the past two years and wish to personally thank him for his 14 years of excellent service at VIQ,” said Mr. Pare. Mr. Kempff will retire on April 30.

VIQ has acquired three US document transcription companies over the last six months in the Insurance and Law Enforcement industries which are now in the midst of integration to the VIQ SaaS-based AI platform. Additionally, new customer growth continues to be strong with long term contract renewals executed including agencies in Austin, TX and the Australian Victoria Police.

For additional information: Please contact Laura Serrano-Haggard, Chief Marketing Officer, VIQ Solutions, email: lserranohaggard@viqsolutions.com.

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

About VIQ Solutions Inc.

VIQ Solutions is a global expert in video capture software and audio recording with voice-to-text capabilities. VIQ provides a cyber-secure AI technology and service platform to law enforcement, immigration, medical, legal, insurance, courts, and transcription service providers, enabling them to unlock the value of their enterprise digital media and streamline their document-creation workflow, using artificial intelligence tools for measurable business gains.

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 2018, 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 several 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 foregoing list is not exhaustive of all factors and assumptions that have been used.

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.