Source: Plurilock.
  • Plurilock Security Inc. (PLUR) has renewed a contract for its flagship software platform, ‘Plurilock’ with an auto dealership based in Alberta
  • The customer renewed its subscription for the cloud security functionality of the Plurilock platform
  • Plurilock provides identity-centric cybersecurity for today’s workforces
  • Plurilock Security Inc. opened trading at $0.195 per share

Plurilock Security (PLUR) has signed a contract renewal for its flagship software platform, ‘Plurilock’.

The company, with its subsidiaries, signed the contract renewal with an auto dealership based in Alberta.

The customer has been operating for over 38 years and delivers various leading car brands across seven dealerships.

According to the terms of the contract, the customer has renewed its subscription for the cloud security functionality of the Plurilock platform, which includes SSO, Access Control Management features, and Password Policies.

“We are pleased to announce a contract renewal with a Canadian auto dealership,” said Ian L. Paterson, CEO of Plurilock.

“This transaction represents the latest in a series of new contract renewals and sale orders in recent weeks, and we aim to continue expanding our sales pipeline for our high-margin cybersecurity software offering across different industry verticals,” he added.

Plurilock provides identity-centric cybersecurity for today’s workforces, enabling organizations to operate safely and securely while reducing cybersecurity friction.

Plurilock Security Inc. (PLUR) opened trading at $0.195 per share.


More From The Market Online

Nine Mile Metals completes acquisition of 3 properties

Nine Mile Metals (CSE:NINE) completes the exercise and acquisition of its 100 per cent interest in three properties in New Brunswick.

@ the Bell: TSX powers through to close week higher

Canada’s main stock index inched up on Friday. The only drag on the TSX was a drop in the energy sector while mining led…