Mr. Ian Paterson reports

PLURILOCK AWARDED US$1.15 MILLION ORDER WITH U.S. DEPARTMENT OF THE NAVY

Plurilock Security Inc. and related subsidiaries were awarded a $1.15-million (U.S.) order with the United States Department of the Navy under NASA's Solution for Enterprise-Wide Procurement (SEWP), U.S. Government-Wide Acquisition Contract Vehicle (GWAC). SEWP consists of over a large pool of precompeted prime contract holders, including more than 100 U.S. small businesses. The order is part of SEWP V, the latest version of GWAC, which NASA released in May, 2015, and boasts the largest pool of contractors yet as well as detailed and automatic reporting to chief information officers in order to help meet Federal Information Technology Acquisition Reform Act. All SEWP V contracts have an effective ordering period between May 1, 2015, through April 30, 2025.

"As part of our long-term plan to expand across various industry verticals in North America, the order enables Plurilock to further solidify our position in capturing more opportunities within the U.S. government sector," said Ian Paterson, chief executive officer of Plurilock. "Given the current cost-conscious environment, we will continue with our modest margin approach to win SEWP V awards, rapidly grow our customer base and create opportunities for follow-on sales of our core products that have higher margins."

The U.S. Department of the Navy is one of the three main military departments within the U.S. Department of Defense. The order is for supply of Dell servers to the Department of Navy.

About Plurilock Security Inc.

Plurilock provides identity-centric cybersecurity for today's work forces. Plurilock offers world-class cybersecurity solutions paired with artificial-intelligence-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.

We seek Safe Harbor.