Technology
Wednesday, June 19th, 2024 2:26 pm EDT
Key Points
- Contract with US Department of the Treasury: Plurilock Security Inc. signed a US$6.16 million, five-year contract with the United States Department of the Treasury for Microsoft Unified services and support, including AI Azure services.
- Strategic Importance: The contract, facilitated through Plurilock’s subsidiary Aurora Systems Consulting, underscores the company’s aim to strengthen and expand its relationships with large government customers, who are considered stable buyers of IT services across economic conditions.
- Company Focus and Offerings: Plurilock provides cybersecurity solutions to US and Canadian Federal Governments and Global 2000 companies, focusing on critical services to defend against, detect, and prevent data breaches and cyberattacks.
Vancouver, British Columbia–(Newsfile Corp. – June 19, 2024) – Plurilock Security Inc. (TSXV: PLUR, OTCQB: PLCKF) (“Plurilock” or the “Company“), a global cybersecurity services and solutions provider, announces the signing of a US$6.16 million, five year contract with the United States Department of the Treasury.
The contract, which includes a US$1.07 million base first year and four subsequent option years through Q4 2028, is for the provision of Microsoft Unified services and support to the Department, including AI Azure services and support. The contract was awarded through Aurora Systems Consulting subsidiary.
“There is an increasing threat against computer systems throughout the world and Plurilock strives to improve the security status of public and private organizations,” said Plurilock CEO Ian L. Paterson. “Our operations through Aurora are key to obtaining and expanding our relationships within these organizations, especially with large government customers who have historically been stable buyers of IT throughout all economic environments.”
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.
