16:11:53 EDT Thu 16 May 2024
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Plurilock Security Inc
Symbol PLUR
Shares Issued 89,681,673
Close 2023-06-14 C$ 0.15
Market Cap C$ 13,452,251
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Plurilock Security signs contract with Fortune 500 co.

2023-06-14 09:49 ET - News Release

Mr. Ian Paterson reports

PLURILOCK SIGNS CONTRACT FOR CYBERSECURITY SOLUTIONS PROJECT WITH FORTUNE 500 COMPANY

Plurilock Security Inc. has signed a contract for a project to provide cybersecurity solutions to a Fortune 500 company (the customer).

The company initially received a $2.8-million (U.S.) three-year purchase order for firewall solutions and a cross-sale order for its flagship artificial-intelligence-driven cybersecurity platform from the customer as previously announced on Oct. 3, 2022, and May 4, 2023, respectively. According to the terms of the contract, the company will deliver a bundle of industry-leading cybersecurity platforms and capabilities to the customer.

"We are excited to be able to work with a customer of this calibre," said Ian L. Paterson, chief executive officer of Plurilock. "This contract highlights the trust that our customers place in us both as a provider and as a source of practical cybersecurity expertise. We look forward to contributing to their continued success by providing essential components that are required to strengthen their cyber defences."

About Plurilock Security Inc.

Plurilock secures work forces, delivering least privilege access management and advanced information technology solutions to commercial and government customers worldwide. With industry-leading artificial intelligence and patented real-time identity confirmation technology, Plurilock combines next-generation cybersecurity with a comprehensive line of products and services that enable teams across North America and the globe to compute safely in a remote work world.

We seek Safe Harbor.

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