Technology
Tuesday, September 3rd, 2024 1:52 pm EDT
Key Points
- U.S. International Development Finance Corporation mobilizes private capital to invest in impactful global development, advancing U.S. foreign policy, and generating returns for American taxpayers
- Plurilock is enabling the adoption of secure cloud solutions so organizations can collaborate and negotiate faster
Vancouver, British Columbia–(Newsfile Corp. – September 3, 2024) – Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) (“Plurilock” or the “Company“), a global cybersecurity services and solutions provider, announces that it has been awarded a contract to deliver contract lifecycle management (“CLM“) software to the U.S. International Development Finance Corporation (“DFC” or the “Customer“).
The contract, which includes a ~US$221,000 base first year and four subsequent option years for similar amounts, is for cloud software. Organizations face significant risks if their cloud data is compromised. These risks include financial losses, damage to their reputation, and disruptions to business operations. Adopting cloud technology is a strategic imperative for organizations seeking to improve cybersecurity and efficiency. Cloud-based security solutions offer robust protection, scalability, and cost-effectiveness. By using the cloud, organizations can better defend against data breaches, compliance issues, and data loss. The contract was awarded through Aurora Systems Consulting subsidiary.
“Plurilock is enabling the adoption of secure cloud solutions so organizations can collaborate and negotiate faster,” said Ian L. Paterson, CEO of Plurilock. “A cloud-centric cybersecurity strategy demonstrates a commitment to client confidentiality, legal integrity, and business success. The shift towards cloud-based technologies can introduce new complexities that IT teams may not be equipped to handle, and these complexities can create vulnerabilities if not properly addressed. Our customers trust us with their cybersecurity needs, and Plurilock will continue to provide the cloud architecture required for data protection, data privacy, and corporate survival.”
About Plurilock
Plurilock sells cybersecurity solutions to the United States and Canadian Federal Governments along with Global 2000 companies. Through these relationships, Plurilock sells its unique brand of Critical Services-aiding clients with our expertise to defend against, detect, and prevent costly data breaches and cyberattacks.
For more information, visit https://www.plurilock.com or contact:
Ian L. Paterson
Chief Executive Officer
ian@plurilock.com
416.800.1566
Ali Hakimzadeh
Executive Chairman
ali@sequoiapartners.ca
604.306.5720
Sean Peasgood
Investor Relations
sean@sophiccapital.com
647.953.5607
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the TSX Venture Exchange policies) accepts responsibility for the adequacy or accuracy of this release.
