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VIQ Solutions Inc (TSXV: VQS) - in Brief

VIQ Solutions Inc. is a global leader in computer-based digital audio and video capture and management. We develop software solutions that capture, digitize, and compress audio and video data, which is securely stored in a multi-tiered server system where it is easily searchable and shareable. Our innovative media processor technology allows users to remotely control audio-video capture in multiple locations from a single satellite location, allowing large-scale and complex installations to be managed efficiently by fewer resources. VIQ Solutions’ technologies are installed in courts, legislative assemblies, law enforcement and hearing rooms around the world.

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Investment Essentials - VQS.VN - Share Highlight
Investment Essentials - VQS.VN - Chart

 

VIQ Solutions Inc (TSXV: VQS) - Investment Highlights

    • Focussed on government sector, VIQ Solutions has successfully transitioned from a low-end digital recording solutions company to a "best-in-class" high - end service provider that can channel large amounts of information through multiple stake holders and is riding the wave of e- transformation happening in law-enforcement and courts worldwide.
    • VIQ Solutions has signed a global licensing agreement with technology giant Cisco Systems Inc. This has resulted in VIQ software being deeply integrated in a range of Cisco hardware products within their Connected Justice product suite. This agreement helps VIQ to leverage the global sales force and distribution network of Cisco Systems to participate in enterprise level opportunities.
    • Its strategic relationship with global system integrators Logica (LOG-LSE) and Atos Origin (ATO-Euronext) to provide digital audio recording and information management solutions has lead to a large contract for 594 courtroom installations across U.K.
    • Beyond financials, the contracts with U.K. courts validate its technology platform and provide a great reference, as it is considered the gold standard in Europe.
 
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