Mr. Ian Paterson reports

PLURILOCK RECEIVES CROSS-SALE PURCHASE ORDER FOR FLAGSHIP AI-DRIVEN CYBERSECURITY PLATFORM FROM FORTUNE 500 COMPANY

Plurilock Security Inc. has received a purchase order for the company's flagship software platform, Plurilock AI, from a Fortune 500 catering, facility management and clothing services provider.

The company initially received a $2.8-million (U.S.) three-year purchase order from the customer as previously announced on Oct. 3, 2022. This cross-sale order was secured through the existing client network of its wholly owned subsidiary, Aurora Systems Consulting Inc. According to the terms of the order, the customer will license the continuous identity confirmation functionality of Plurilock AI.

"We are pleased to secure a cross-sale order for our flagship AI-driven [artificial intelligence] cybersecurity platform with a Fortune 500 customer," said Ian L. Paterson, chief executive officer of Plurilock. "The latest order highlights our commitment to deliver our high-margin technology offerings to more businesses across different industry verticals. With a sizable client network, we intend to strengthen our business relationships with our clients and accelerate the cross-selling process."

About Plurilock Security Inc.

Plurilock provides identity-centric cybersecurity for today's work forces. Plurilock offers world-class cybersecurity solutions paired with AI-driven, cloud-friendly security technologies that deliver persistent identity assurance with unmatched ease of use. The Plurilock family of companies enables organizations to operate safely and securely -- while reducing cybersecurity friction.

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