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

KWESST to provide situational awareness for the Canadian Red Cross

KWESST Micro Systems (TSXV:KWE) wins a contract to provide a situational awareness app to support the Canadian Red Cross.

Air Canada stock rises as service from Ottawa grows

Air Canada (TSX:AC) boosts its schedule serving Ottawa by almost 60 per cent with more flights across the nation.

Odd Burger to add 40 locations in Florida

Odd Burger (TSXV:ODD) will develop 40 new locations in Florida over the next eight years, with its sights set on further U.S. expansion.