VIQ Creates Strategic Partnership with LegalCraft to Expand Collective Technology and Service Offerings in Global Markets
01 Février 2022 - 1:30PM
Business Wire
VIQ Solutions Inc. (“VIQ”, “VIQ Solutions” or the “Company”)
(TSX and Nasdaq: VQS), a global provider of secure, AI-driven,
digital voice and video capture technology and transcription
services, today announced a strategic partnership with
LegalCraft to create an integrated solution, using the Lexel
platform, to optimize legal case analysis, trial preparation and
real-time transcription to assist legal professionals globally.
VIQ adds Lexel to its worldwide service portfolio and is the
first LegalCraft strategic partner offering Lexel's robust
collaboration and case management platform in the United States.
VIQ customers can securely store and share audio, video and
transcription files generated from the Company’s CapturePro™ and
NetScribe™ platforms and other external sources. Lexel users can
review transcripts with simultaneous playback of audio and video
files, collaborate with colleagues through secure messaging, remote
presentations, and by annotating and tagging their files. Lexel’s
collaboration features offers VIQ customers a simple, more
efficient method of organizing cases and preparing for trial.
“We are excited to partner with LegalCraft and to offer Lexel to
empower legal professionals worldwide with highly efficient and
effective litigation support software and evidence management
solutions,” said Elizabeth Vanneste, Executive Vice President of
Product and Strategy, VIQ Solutions. “We look forward to offering
enhanced solutions as we integrate the Lexel platform into our VIQ
product family.”
“We are excited about the possibilities this partnership offers
to the industry. It enables us to create a wider impact across the
globe.” said Surya Madiraju, CEO, LegalCraft Solutions]. “Our
partnership with VIQ is strategic in nature and opens many doors
for both companies to prosper. We look forward to mutual
success.”
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.
About LegalCraft
LegalCraft is a software development firm founded in 2005 and a
long-standing innovator in the legal technology industry. The
company offers a wide range of products and services designed to
empower legal professionals worldwide with highly efficient and
effective litigation support software and evidence management
solutions. Lexel, LegalCraft’s flagship product, is a case analysis
and trial preparation platform that has been helping legal
professionals across the world.
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 and
include statements relating to the benefits of the strategic
partnership with LegalCraft.
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.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220111005003/en/
Media Contact: Laura Haggard Chief Marketing Officer VIQ
Solutions Email: marketing@viqsolutions.com Investor Relations
Contact: Laura Kiernan High Touch Investor Relations Ph.
1-914-598-7733 Email: viq@htir.net
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