Business
Plurilock Announces $1.2 Million Software and Services Contract with Nasdaq Listed Semiconductor Manufacturer
Expands long-standing relationship; adds new Professional Services on top of licensing increase ...
About this update from Plurilock Security Inc
[{"type":"text","content":"Plurilock Announces $1.2 Million Software and Services Contract with Nasdaq Listed Semiconductor ManufacturerExpands long-standing relationship; adds new Professional Services on top of licensing increaseSupports enterprise-wide Data Loss Prevention and Security Operations initiativesDemonstrates continued execution of Plurilock's land-and-expand strategy Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) (\"Plurilock\" or the \"Company\"), a global cybersecurity systems integrator, announces that it has been awarded a new contract totalling $1,242,462 for software licensing and professional services. The combined $1,242,462 contract consists of a one-year, $922,008 licensing renewal for the customer's Data Loss Prevention (DLP) platform and an 8-month, $320,454 professional services engagement for Security Operations Support (SOC). This contract represents a licensing increase and marks a net-new expansion of Plurilock's Professional Services inside the account.\"This engagement represents a meaningful expansion of our relationship with an important global customer,\" said Ian L. Paterson, CEO of Plurilock. \"We began with a smaller footprint, demonstrated consistent value, and earned additional trust over time. This contract adds new Professional Services on top of the existing licensing relationship, reinforcing our land-and-expand model and further establishing Plurilock as a strategic cybersecurity partner to organizations operating in high-risk, high-value sectors.\"As with prior software licensing and professional services contracts, Plurilock expects fulfillment costs and gross margin profiles to remain consistent with historical performance as disclosed in its latest MD&A. Further details with respect to the terms of the contract are subject to confidentiality and non-disclosure.About PlurilockPlurilock is a services-led, product-enabled, AI-native cybersecurity company that solves complex cyber problems in high-stakes environments where failure isn't an option. Trusted by Five-Eyes governments, NATO-aligned agencies, and Global 2000 enterprises, we defend critical infrastructure and safeguard the systems that power modern life. Our Critical Services division delivers operational resilience through unmatched expertise, proprietary IP, and AI-driven ...