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Plurilock Expands Contract for Flagship Cybersecurity Platform with Overseas Mortgage Lender
The customer increased the total number of user licenses for Plurilock's high-margin software off...
About this update from Plurilock Security Inc
[{"type":"text","content":"Plurilock Expands Contract for Flagship Cybersecurity Platform with Overseas Mortgage LenderThe customer increased the total number of user licenses for Plurilock's high-margin software offering to 2260.Vancouver, British Columbia--(Newsfile Corp. - February 21, 2023) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries (\"Plurilock\" or the \"Company\"), an identity-centric cybersecurity solutions provider for workforces, is pleased to announce that the Company has expanded its contract for its flagship software platform, 'Plurilock', with an overseas mortgage lender (the \"Customer\").The Customer initially signed a sale order with Plurilock to subscribe to the enterprise plan for the cloud security functionality of the Plurilock platform, as previously announced in December 2022. Under the contract expansion, the Customer will purchase additional user licenses for this platform, increasing the total number of users to 2260.\"The contract expansion highlights our commitment to grow our existing business relationships,\" said Ian L. Paterson, CEO of Plurilock. \"The overseas customer has an extensive network of branches and employees across the country and requires advanced zero-trust cloud solutions to protect its large database.\"About PlurilockPlurilock provides identity-centric cybersecurity for today's workforces. The Plurilock family of companies enables organizations to operate safely and securely while reducing cybersecurity friction. 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. Together, the Plurilock family of companies delivers persistent identity assurance with unmatched ease of use.For more information, visit https://www.plurilock.com or contact:Ian L. PatersonChief Executive [email protected] SartoriusChief Financial [email protected] SinghInvestor [email protected] StatementsThis press release may contain certain forward-looking statements and forward-looking information (collectively, \"forward-looking statements\") related to future events or Plurilock's future business, operations, and financial performance and condition. Forward-looking statements norma...