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Plurilock (TSXV:PLUR) announces new sale order and contract renewals

Market News, Technology
TSXV:PLUR
13 December 2022 08:30 (EDT)

Plurilock Security Inc. | Twitter

Plurilock (PLUR) has received a sales order for its flagship software platform from a professional services firm based in India.

The customer will pay an annual subscription fee to utilize the Plurilock platform to protect their users, preventing unauthorized users to access their cloud database.

Plurilock is also pleased to announce the signing of contract renewals with 30 customers worldwide for its flagship cybersecurity platform in November 2022. These customers consist of organizations from different industry verticals, such as consultancy, finance, automobile and pharmaceutical. They are based in various countries, including India, Taiwan, Italy, Australia, the United States, France, and Brazil. These customers can upgrade their existing enterprise plans and license other proprietary software offerings within the Plurilock platform.

“We are pleased to see significant customer retention and growth for our flagship cybersecurity platform,” said Ian L. Paterson, CEO of Plurilock.

“The recent sale order and customer renewals highlight the robustness and comprehensiveness of our platform, which is suited for organizations that are looking to strengthen different areas in their cyber defenses. We will continue to maintain a strong relationship with existing customers to explore cross-selling opportunities while growing our sales pipeline globally.”

Plurilock offers world-class 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$0.13.


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