VIQ Solutions AI-Powered Solution Earns Honor in Fast Company’s 2022 Best World Changing Ideas Awards

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 that its FirstDraft solution was selected as an honoree in the Fast Company’s 2022 World Changing Ideas Awards. The recognition highlights VIQ’s innovative approach leveraging AI to create efficiencies and drive transparency in courtrooms around the world.

VIQ, in partnership with courts in the United Kingdom, Australia and the United States, transforms how courts in all jurisdictions create and distribute transcripts of court proceedings. With the addition of FirstDraft automated transcripts, courts easily create, store and distribute court proceedings within hours. Security standards ensure privacy is maintained and only pre-approved users have access to confidential court proceedings. Transcripts of public proceedings are also offered, enabling anyone with an Internet-enabled device to access community information quickly and easily.

“By improving the speed and accuracy of converting audio recordings to formatted text using FirstDraft, powered by aiAssist, and providing secure platforms to share the files, VIQ provides all parties in a judicial proceeding timely access to justice,” said Elizabeth Vanneste, Executive Vice President of Product and Strategy, VIQ Solutions. “Our suite of technology and services to record, transcribe and collaborate provides an end-to-end solution for the courtroom of the future. We are honored to be recognized by Fast Company for the ability of our solutions to change the world.”

Courts generate millions of hours of highly complex audio and video recordings every year. Enabling fast and simplified access to transcripts of audio/video sessions for judges, attorneys and their clients will improve court efficiency in every jurisdiction. However, the most important result of VIQ’s focus on rapid, secure access to court proceedings is the usability of discrete data, increased transparency and overall accessibility of information.

Now in its sixth year, the World Changing Ideas Awards showcase 39 winners, 350 finalists, and more than 600 honorable mentions—with climate, social justice, and AI and data among the most popular categories. A panel of eminent Fast Company editors and reporters selected winners and finalists from a pool of more than 2,997 entries across transportation, education, food, politics, technology, health, social justice and more. In addition, several new categories have been added this year including climate, nature, water and workplace. The 2022 awards feature entries from across the globe, from Switzerland to Hong Kong to Australia.