18:30:59 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
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Plurilock Security Inc
Symbol PLUR
Shares Issued 102,000,000
Close 2023-09-07 C$ 0.115
Market Cap C$ 11,730,000
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Plurilock Security novates contract with South Carolina

2023-09-07 11:51 ET - News Release

Mr. Ian Paterson reports

PLURILOCK ANNOUNCES CONTRACT WITH STATE OF SOUTH CAROLINA TO EXPAND DISTRIBUTION STATEWIDE

Plurilock Security Inc. has novated a contract with the state of South Carolina, which was won after an open bidding process by Atrion Communications, whose assets Plurilock successfully acquired in September, 2022.

With the novation and under the terms of the contract, Plurilock becomes one of five vendors able to sell select cybersecurity products to the state of South Carolina for a five-year period. In addition, the company has received and fulfilled a $791,000 (U.S.) purchase order to provide cybersecurity solutions to a South Carolina state government agency.

"The contract and purchase order are a great validation of our ongoing strategy to expand our distribution across new regional markets through successful acquisitions," said Ian L. Paterson, chief executive officer of Plurilock. "By executing on this strategy, we have become a provider of critical cybersecurity solutions to South Carolina and we look forward to pursuing other business opportunities in this state moving forward."

About Plurilock Security Inc.

Plurilock secures work forces in the age of artificial intelligence through its Plurilock AI platform, delivering advanced identity, data safety and guard rails to safely implement AI solutions to commercial and government customers worldwide.

We seek Safe Harbor.

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