PriceSensitive

Plurilock’s (TSXV:PLUR) Aurora Systems receives US$2.8M purchase order

Technology
TSXV:PLUR
03 October 2022 08:45 (EDT)
Plurilock - CEO, Ian Paterson.

Source: Plurilock.

Plurilock Security’s (PLUR) wholly-owned subsidiary, Aurora Systems Consulting, has received a US$2.8 million 3-year purchase order.

The purchase order is from a leading U.S. food, facilities and uniform services provider.

Aurora will provide Fortinet’s global firewall solutions. This order includes a fixed renewal price and enables the customer to make a total of three annualized payments. This order offers up-selling opportunities as the customer can purchase up to 15 per cent of additional equipment over the 3-year period.

“We are delighted to receive this multi-year purchase order from a top-tier U.S. customer, which bodes well for our sales pipeline,” said Ian L. Paterson, CEO of Plurilock.

“This order was received as a result of Aurora’s asset purchase agreement with Atrion, which has enabled Plurilock to expand its customer base across the east coast of the United States. Moving forward, we intend to not only secure new clients through Aurora but also continue capitalizing on new cross-selling opportunities for our high-margin proprietary software solutions.”

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$0.185.


Related News