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MedQuist Holdings Inc. Announces Closing of Its Initial U.S. Public Offering and Acquisition of Additional Shares of MedQuist Inc.
Date:2/11/2011

ew York City time, on March 4, 2011, unless extended or earlier terminated.

Macquarie Capital (USA) Inc. is acting as dealer manager, American Stock Transfer & Trust Company is acting as exchange agent and MacKenzie Partners is acting as information agent for the Exchange Offer.  For further information regarding the Exchange Offer, please contact Macquarie Capital at (212) 231-2620, AST at (877) 248-6417 or MacKenzie Partners at (800) 322-2885 (toll-free), (212) 929-5500 (collect) or email at tenderoffer@mackenziepartners.com.

Important Additional Information

This press release is provided for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell securities.  The Exchange Offer is only being made pursuant to the Registration Statement on Form S-4, as amended (including the prospectus, the letter of transmittal and related offer documents) and tender offer statement on Schedule TO filed by MedQuist Holdings Inc. with the Securities and Exchange Commission (the "SEC").  The Registration Statement became effective on February 2, 2010.  Holders of MedQuist Inc. shares are strongly advised to read the Registration Statement on Form S-4 and the tender offer statement on Schedule TO because they contain important information about the Exchange Offer.  Free copies of such documents can be obtained at the web site maintained by the SEC at www.sec.gov.  Free copies of any such documents can also be obtained by directing a request to MedQuist Holdings Inc.'s information agent, MacKenzie Partners, Inc., at (800) 322-2885.

FORWARD-LOOKING STATEMENTS

Information provided and statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of th
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