VIQ Solutions Announces Strategic Executive Leadership Appointments to Accelerate Product Innovation & Prepare for Further Gl...
February 24 2021 - 6:00AM
Business Wire
VIQ Solutions Inc. (“VIQ” or the “Company”) (TSX : VQS and OTC
Markets: VQSLF), a global provider of secure, AI-driven, digital
voice and video capture technology and transcription services,
today announced modification of new and existing roles within the
executive leadership team to accelerate its transformation plan and
position the Company for its next growth phase.
“Following our strong operating performance over the past two
years in products, integrations, customer experience and
operations, we are preparing our global enterprise to scale to the
next level of growth. I am excited to announce strategic
appointments to our executive leadership team, creating a more
expansive framework to serve our clients worldwide by increasing
our reach and decreasing time to market for our innovative products
and services,” said Sebastien Pare, Chief Executive Officer, VIQ
Solutions.
Susan Sumner, who has served as VIQ Solutions’ Chief Operating
Officer since 2018, is appointed President and Chief Operating
Officer. Ms. Sumner was instrumental in the execution of key
corporate priorities, successfully integrating five acquisitions
over the past two years and enabling technology to positively
impact the Company's margins. Her strong leadership, operational
acumen, and vast industry knowledge accelerated VIQ to leadership
in the global marketplace.
Elizabeth Vanneste joins VIQ Solutions as Executive Vice
President of Product and Strategy. In her new role she will oversee
the Company's global product and services portfolio, providing
strategic direction on innovation and product vision, new product
development, design, and competitiveness.
Ms. Vanneste brings over 20 years of experience in the U.S. and
Europe leading Product, Channel and Sales teams in companies
including MFS Communications, Level 3 Communications, Focal
Communications, and Telovations. While serving as Chief Marketing
Officer at M5 Networks and Miller Heiman, she worked with Software
as a Service (SaaS) providers to launch integrated applications
improving customer productivity. She will play a key role in
executing the Company’s long-term strategy and building a world
class innovation center of excellence.
“We are delighted to welcome Elizabeth to our senior leadership
team,” said Susan Sumner. “She has a proven record of
accomplishment driving large technology and product organizations
through massive industry transformation. Her global experience in
accelerating revenue, driving large-scale digital process change,
and predicting market dynamics to create new products and service
offerings are critical for our commitment to continued global
expansion of both organic and inorganic revenues. She is an
essential asset to our long-term success.”
The executive changes will position VIQ to quickly expand the
development of their AI powered products, to continue to increase
operational excellence and expand the geographies they service
while continuing to aggressively integrate and innovate the
technologies they deliver to their focused segments.
For more information about VIQ, please visit viqsolutions.com.
About VIQ Solutions Inc.
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,
media, 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 may 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 accelerating product innovation for
further global expansion, rapid acceleration of future
acquisitions, and technology enhancements to continue growth
trajectory. 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 statements or information is based on current
expectations, estimates and projections that involve several risks
and uncertainties which could cause actual results to differ
materially from those anticipated by VIQ including risks related to
the COVID-19 pandemic and other risks discussed or referred to
under the heading "Risk Factors" in the Company’s Annual
Information Form for the financial year ended December 31, 2019,
which is available at www.sedar.com. These risks and uncertainties
may cause actual results to differ materially from the
forward-looking statements or information. Readers are cautioned
that the foregoing list is not exhaustive of all possible risks and
uncertainties.
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version on businesswire.com: https://www.businesswire.com/news/home/20210224005132/en/
Media Contact: Laura Haggard Chief Marketing Officer VIQ
Solutions Phone: (800) 263-9947 Email: marketing@viqsolutions.com
Investor Relations Contact: Laura Kiernan High Touch
Investor Relations Phone: 1-914-598-7733 Email: viq@htir.net
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