VIQ Solutions Secures Bridge Loan
21 Maggio 2014 - 11:30PM
Marketwired
VIQ Solutions Secures Bridge Loan
MARKHAM, ONTARIO--(Marketwired - May 21, 2014) - VIQ Solutions
Inc. ("VIQ Solutions" or the "Corporation") (TSX-VENTURE:VQS)
announces that it has arranged a $700,000 secured bridge loan. The
bridge loan bears interest at a rate of 13% per annum for a term of
one year. The proceeds will be used for general working capital
purposes and to retire the principal of the existing $200,000
secured bridge loan and interest owing thereunder.
About VIQ Solutions
Inc.
VIQ Solutions 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.
Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
VIQ Solutions Inc.David OuthwaitePresident & CEO(905)
948-8266 ext. 250douthwaite@viqsolutions.comVIQ Solutions Inc.Karen
HershChief Financial Officer(905) 948-8266 ext.
240khersh@viqsolutions.com
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