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Plurilock Security Inc
Symbol PLUR
Shares Issued 69,751,381
Close 2022-03-14 C$ 0.365
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Plurilock's Aurora wins $284,000 (U.S.) software order

2022-03-15 11:02 ET - News Release

Mr. Ian Paterson reports

PLURILOCK'S AURORA SYSTEMS RECEIVES PURCHASE ORDER FROM U.S. DEPARTMENT OF THE NAVY

Plurilock Security Inc.'s wholly owned subsidiary, Aurora Systems Consulting Inc., has received a $284,000 (U.S.) purchase order from the U.S. Department of the Navy 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 (GWAC).

The U.S. Department of the Navy is a military defence agency that works to keep the seas open and free, and to protect and defend America's interests. In February, 2022, alone, there were 83 data breaches and cyber attacks reported, underscoring the importance of working with experienced cybersecurity and IT vendors to protect against the growing cyber threat.

These orders are a part of the SEWP V program and align with Plurilock's stated goal of expanding within the government and defence 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 $1.44-million (U.S.) in sales.

Per the terms of the purchase order, Aurora will provide the U.S. Department of the Navy with software renewal and maintenance support services.

The company also announces that further to its news release dated March 7, 2022, with respect to its acquisition of Integra Networks Corp., the company has issued 42,647 common shares at a deemed price of 34 cents to a strategic consultant of the company for services provided by the consultant to the company in connection with the acquisition. The consulting fee shares were issued pursuant to a consulting agreement dated Aug. 1, 2020, between the company and the consultant. The consulting fee shares are subject to a statutory hold period of four months plus a day from the date of issuance, in accordance with applicable securities law, ending July 12, 2022.

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 information technology (IT) and cybersecurity solutions through its solutions division, paired with proprietary, artificial intelligence (AI) 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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