TORONTO, Canada - Ubika Research has issued an update report on VIQ Solutions Inc. (TSX VENTURE: VQS) in a report, "Successful installation in UK and laying the foundation for 2010" (dated December 2, 2009). VIQ Solutions solves the justice and law enforcement agencies' unique requirement worldwide of having to continuously accumulate huge quantities of information and to share, store, search and retrieve information in a real-time environment.
Ubika Research believes that VIQ Solutions will leverage its proprietary technology, partnerships with leading system integrators and major customer wins to accelerate revenue growth and margin expansion. VIQ Solutions is rated Speculative Buy by Ubika Research, with a 12-month target of C$ 0.80.
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About VIQ Solutions Inc.
VIQ Solutions (TSX-VEN:VQS) is recognized as a global provider in the digital audio industry with innovative product and service-based solutions for voice-driven systems in the legal, medical, business, and government industries.VIQ Solutions providesan integrated range of digital record workflow solutions, including digital audio and video capture, workflow management software, transcription services, interactive electronic scheduling, and case management integration, all from one central, secure database.
About Ubika Research
Ubika offers research, analytics and communications solutions to various areas of the financial services industry. We offer solutions that enhance revenue generation capabilities and provide clear competitive advantages. For more information visit
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Disclosure
Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.
Ubika Research, a division of Ubika Corporation, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice.
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For additional information contact:
Vishy Karamadam,
Managing Director
vishy@ubikacorp.com