Highly Accomplished Executives with Decades of
Leadership in Information Technology and Artificial
Intelligence
VIQ Solutions Inc. (“VIQ”, “VIQ Solutions” or the “Company”)
(TSX: VQS and NASDAQ: VQS), a global provider of secure, AI-driven,
digital voice and video capture technology and transcription
services, today announces the appointment of two new members to its
Board of Directors (the “Board”), effective April 1, 2022.
Joining the Board are Shing Pan, Woodside Capital Partners,
Investment Banker, and Susan Sumner, VIQ President and Chief
Operating Officer. The appointments expand the Board to eight
members, six of whom are independent.
“I am excited to announce the appointment of two highly
accomplished executives to our Board. Ms. Pan’s technology
experience and leadership in strategic growth will contribute
appreciably to advancing our goals. Ms. Sumner’s extensive
operational and management experience in the global transcription
industry, including VIQ for the last four years, adds meaningful
perspective to our Board,” said Larry Taylor, VIQ Chair of the
Board.
Ms. Pan is an industry recognized business leader with more than
25 years’ experience in technology innovation, speech technology
and AI. She has extensive industry and domain knowledge, and deep
understanding of competitive landscapes helping companies
strategically position for growth. She is M&A advisor and
investment banker at Woodside Capital Partners, a global,
independent investment bank in Silicon Valley, California. She has
an MBA from Cornell University. She also holds Board Certification
from Harvard Business School.
Ms. Sumner has more than 30 years of executive leadership,
consulting, and operations experience with Fortune 500 companies.
She has deep insight and experience in building world class
operational infrastructure for Information Technology companies.
Ms. Sumner successfully combined several middle market operating
companies in the transcription space generating a successful exit
for capital providers, and also oversaw the acquisition and
integration of multiple transcription and IT businesses at Nuance
Corporation.
“The appointments of Pan and Sumner further our ability to scale
globally and achieve our strategic growth plans,” said Sebastien
Paré, VIQ Chief Executive Officer. “Each of these seasoned
professionals has an established track record for executing
strategies to build successful companies. They are the next step in
our plan to expand Board experience and operational acumen matching
the needs of our growing global business.”
For more information about VIQ, please visit
viqsolutions.com.
About VIQ Solutions
VIQ Solutions is a global provider of secure, AI-driven, digital
voice and video capture technology and transcription services. VIQ
offers a seamless, comprehensive solution suite that delivers
intelligent automation, enhanced with human review, to drive
transformation in the way content is captured, secured, and
repurposed into actionable information. The cyber-secure, AI
technology and services platform are implemented in the most rigid
security environments including criminal justice, legal, insurance,
government, corporate finance, media, and transcription service
provider markets, enabling them to improve the quality and
accessibility of evidence, to easily identify predictive insights
and to achieve digital transformation faster and at a lower
cost.
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, the benefits of adding Susan
Sumner and Shing Pan to the Board and VIQ’s plan to expand Board
experience and operational acumen.
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 goals and growth
plans. Readers are cautioned that the foregoing list is not
exhaustive of all factors and assumptions that have been used.
Forward-looking information is necessarily based on a number of
opinions, assumptions and estimates that, while considered
reasonable by the Company as of the date of this news release, are
subject to known and unknown risks, uncertainties, assumptions and
other factors that may cause the actual results, level of activity,
performance or achievements to be materially different from those
expressed or implied by such forward-looking information, including
but not limited to the factors described in greater detail in the
“Risk Factors” section of the Company’s base shelf prospectus dated
June 10, 2021 and in the Company’s other materials filed with the
Canadian securities regulatory authorities and the U.S. Securities
and Exchange Commission from time to time, available at
www.sedar.com and www.sec.gov, respectively. These factors are not
intended to represent a complete list of the factors that could
affect the Company; however, these factors should be considered
carefully. There can be no assurance that such estimates and
assumptions will prove to be correct. The forward-looking
statements contained in this news release are made as of the date
of this news release, and the Company expressly disclaims any
obligation to update or alter statements containing any
forward-looking information, or the factors or assumptions
underlying them, whether as a result of new information, future
events or otherwise, except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220324005047/en/
Media: Laura Haggard Chief Marketing Officer VIQ
Solutions Phone: (800) 263-9947 Email:
marketing@viqsolutions.com
Investor Relations: Laura Kiernan High Touch Investor
Relations Phone: 1-914-598-7733 Email: viq@htir.net
VIQ Solutions (NASDAQ:VQS)
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