VDU1 VIQ Solutions Inc.

VIQ Solutions Appoints Tony Incardona, SVP of Global Sales and Business Development, to Build on Expansive Q2 Growth

VIQ Solutions Appoints Tony Incardona, SVP of Global Sales and Business Development, to Build on Expansive Q2 Growth

Highly accomplished sales executive provides leadership to accelerate global sales growth

PHOENIX, ARIZONA, July 30, 2019 (GLOBE NEWSWIRE) -- . (“VIQ” or the “Company”) (TSX Venture Exchange: VQS and OTC Markets: VQSLF), a global expert providing cyber-secure AI digital voice and video capture technology and transcription services, today announced the appointment of Tony Incardona as SVP of Sales and Business Development.  Mr. Incardona brings over 30 years’ experience driving sales initiatives, leading client collaborations, and fostering new business relationships.

Mr. Incardona’s appointment is the final piece completing VIQ’s seasoned leadership team. He will have executive responsibility for building a global sales organization, strengthening the corporate sales strategy and creating global partnerships. His appointment is a critical step in VIQ's ability to anticipate evolving client needs, drive new business around the world and to achieve revenue growth objectives.

"VIQ is at a vital point in leading the transformation of the transcription industry," said Mr. Incardona. "VIQ’s industry-leading, innovative technology coupled with a strong, highly regarded transcription services team is creating a wave of excitement in the evidentiary documentation industry. I’m truly looking forward to building our global sales organization and leading it to the next level."

Prior to this appointment, Mr. Incardona served as Vice President, Mid-Market U.S. & Field Sales Engineering at Nuance Healthcare, a global healthcare industry leader providing clinical documentation technologies and services to over 1,200 U.S. hospitals. At Nuance Healthcare, he directed the sales and service efforts of all U.S. stand-alone clinics and hospitals with approximately 500 beds.

“Last quarter represented a key growth period for VIQ and reinforced the need for our solution in the marketplace,” said Susan Sumner, VIQ’s COO. “Mr. Incardona’s track record and experience within a highly regulated industry, like healthcare, will only help to accelerate growth within our key verticals - including insurance, courts and law enforcement.”

Mr. Incardona joins VIQ on August 15, working remotely from Sarasota, FL. He will report to VIQ’s COO, Susan Sumner.

For additional information: Please contact Laura Haggard, Chief Marketing Officer, VIQ Solutions, email: .

For more information about VIQ, please visit .

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 2019, 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.

EN
30/07/2019

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