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Plurilock Security Inc
Symbol PLUR
Shares Issued 69,751,381
Close 2022-02-07 C$ 0.34
Market Cap C$ 23,715,470
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Plurilock's Aurora receives $306,000 (U.S.) in orders

2022-02-08 09:39 ET - News Release

Mr. Ian Paterson reports

PLURILOCK'S AURORA SYSTEMS RECEIVES PURCHASE ORDERS FROM U.S. DEPARTMENT OF DEFENSE AND U.S. DEPARTMENT OF HOMELAND SECURITY

Plurilock Security Inc.'s wholly owned subsidiary, Aurora Systems Consulting Inc., has received two purchase orders from the United States Department of Defense and the U.S. Department of Homeland Security for a combined total of $306,000 (U.S.) as part of the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a U.S. government-wide acquisition contract vehicle.

The U.S. Department of Defense, America's largest government agency, provides the nation with military forces for defense and national security. The U.S. Department of Homeland Security oversees several areas of domestic security including counterterrorism and cyberspace threats. According to Cybersecurity Ventures, global cybercrime is expected to reach $10.5-trillion annually by 2025, underscoring the need for organizations to partner with experienced cybersecurity and IT vendors.

These orders are a part of the SEWP V program and align with Plurilock's stated goal of expanding within the government and defense verticals. All contracts and orders announced by Plurilock and its subsidiaries since Jan. 1, 2022, including the latest orders, represent a combined total of roughly $853,000 (U.S.) in sales.

Under the terms of the purchase orders, Aurora will provide the U.S. Department of Defense with software licence and support subscriptions, and the U.S. Department of Homeland Security with software maintenance renewal.

About Plurilock Security Inc.

Plurilock provides identity-centric cybersecurity for today's work forces. The Plurilock family of companies enables organizations to operate safely and securely while reducing cybersecurity friction. Plurilock offers world-class IT and cybersecurity solutions through its solutions division, paired with proprietary, artificial intelligence-driven and cloud-friendly security through its technology division. Together, the Plurilock family of companies delivers persistent identity assurance with unmatched ease of use.

We seek Safe Harbor.

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