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Plurilock (TSXV:PLUR) renews contract with overseas fintech company

Market News, Technology
TSXV:PLUR
09 March 2023 09:30 (EDT)

Source: Plurilock.

Plurilock Security (PLUR) has signed a contract renewal for its flagship software platform, ‘Plurilock’ with an overseas fintech company.

The customer delivers fintech solutions, including payroll and health benefits management. The customer has renewed its subscription for the cloud security functionality of the Plurilock platform, which includes Access Control Management.

“We are pleased to renew a contract for our high-margin solution with an existing customer in the fintech industry,” said Ian L. Paterson, CEO of Plurilock.

“With a sizable customer pipeline, we intend to maintain a strong business relationship with existing clients. Overall, this contract renewal attests to the robustness of our platform in providing advanced cybersecurity with an emphasis on zero-trust principles.”

About Plurilock

Plurilock provides identity-centric cybersecurity for today’s workforces. Plurilock offers IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division.

Plurilock Security Inc. (PLUR) opened trading at C$0.185.


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