Business
Plurilock Scales Critical Services Sales and Support Staff; Company Announces RSU and Options Grants
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2024) - Plurilock Security Inc. (TSXV: P...
About this update from Plurilock Security Inc
[{"type":"text","content":"Plurilock Scales Critical Services Sales and Support Staff; Company Announces RSU and Options GrantsVancouver, British Columbia--(Newsfile Corp. - June 21, 2024) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) (\"Plurilock\" or the \"Company\"), a global cybersecurity services and solutions provider, provides a business update and announces that the Board of Directors has adopted an Omnibus Incentive Plan (the \"Omnibus Plan\") to replace the Company's previous stock option plan and approved the grant of restricted share units (the \"RSUs\") and incentive stock options (the \"Options\") to certain directors, officers, employees, and consultants of the Company pursuant to the Omnibus Plan.Business UpdateAs discussed in the use of proceeds for the financing announced April 1, 2024, Plurilock has hired additional sales and support staff. Three of the four sales additions Plurilock set out to hire with funds from the capital raise have joined the team; two Channel Account Managers, one covering India and the other Latin America, along with one Business Development representative. \"Plurilock's Critical Services Division is actively scaling its team, to drive high-margin service delivery and SaaS sales,\" said CEO Ian Paterson. \"Building on established client relationships, we are converting one-time engagements to recurring managed services. Plurilock recognizes the impact of geopolitical events on cybersecurity and our service offerings are designed to adapt and protect clients facing evolving real-world threats. Our aim is to expand our reach beyond North America, focusing on multinational corporations facing complex business, technological, and geopolitical risks as we believe this presents a significant growth opportunity.\"Plurilock AI DLP Supported for Use With GFI KerioConnectThe Company also announces supported compatibility between its Plurilock AI DLP solution for single sign-on (SSO), cloud access security brokerage (CASB), and data loss prevention (DLP), and KerioConnect, an email and collaboration program by GFI and used by tens of thousandsi of SMBs and SMEs worldwide for email, calendaring, and collaboration.By deploying Plurilock AI DLP together with KeroConnect, businesses of all sizes can now secure, safeguard, and support compliance requirements for their sensitive internal communication and collaborat...