Technology
Tuesday, August 20th, 2024 3:58 pm EDT
Key Points
- Plurilock Security Inc. announced two new sales agreements with the U.S. Department of Transportation (USDOT) totaling up to $215,000 over five years, with $100,000 committed in 2024.
- Plurilock will provide key hardware and software to the USDOT, with an option for a four-year renewal under one of the agreements.
- The company emphasizes its ongoing partnerships with U.S. government agencies, highlighting its role in providing cybersecurity solutions to both state and federal clients.
Vancouver, British Columbia–(Newsfile Corp. – August 20, 2024) – Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) (“Plurilock” or the “Company”), a global cybersecurity services and solutions provider, announces two new sales to the United States Department of Transportation (USDOT).
Under the terms of the sales, Plurilock will provide key hardware and software to USDOT totaling US$100,000 during 2024, along with optional renewal for up to four years under one of the sales, for a total combined value of up to US$215,000 over five years.
Established by the U.S. Congress in 1966, the United States Department of Transportation is a cabinet-level executive department of the United States Federal Government employing over 56,000 people,1 and is one of a number of U.S. federal and state government agencies that procure or that have procured solutions from Plurilock.
“As a company, we’re proud to be a provider to a number of government agencies in the U.S., both at the state and federal level,” says Ian L. Paterson, CEO of Plurilock. “It’s always a privilege to work with clients of this caliber, and as a company we continue to strive to justify the faith in Plurilock that procurements like these represent.”
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.
About Acronis
Acronis is a global cyber protection company that provides natively integrated cybersecurity, data protection, and endpoint management for managed service providers (MSPs), small and medium businesses (SMBs), and enterprise IT departments. Acronis solutions are highly efficient and designed to identify, prevent, detect, respond, remediate, and recover from modern cyberthreats with minimal downtime, ensuring data integrity and business continuity. Acronis offers the most comprehensive security solution on the market for MSPs with its unique ability to meet the needs of diverse and distributed IT environments.
A Swiss company founded in Singapore in 2003, Acronis has 15 offices worldwide and employees in 50+ countries. Acronis Cyber Protect is available in 26 languages in 150 countries and is used by over 20,000 service providers to protect over 750,000 businesses. Learn more at www.acronis.com.
