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Plurilock Security (TSXV:PLUR) notches contract renewal for cybersecurity software

Market News, Technology
TSXV:PLUR
29 March 2023 11:25 (EDT)

Plurilock (PLUR) notches a contract renewal for its cybersecurity software.

The company said in a press release an unnamed overseas automotive technology and sourcing solutions provider will use its flagship software platform Plurilock.

The Plurilock platform includes Single Sign-on Authentication, Password Policy and Self-Password Reset.

“This contract renewal highlights the reliability and robustness of our zero-trust technology as well as our ongoing commitment to maintaining strong business relationships with existing customers, which led to them to continue utilizing our high-margin software,” Ian L. Paterson, CEO of Plurilock, said in a statement.

The overseas customer provides solutions across the automotive industry, including product design and engineering, sourcing, e-commerce platforms and more.

Headquartered out of Vancouver, BC, Plurilock Security provides identity-centric cybersecurity for the workforce.

Shares of Plurilock Security (PLUR) are unchanged at C$0.17.

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