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Bullboard - Stock Discussion Forum Plurilock Security Inc V.PLUR

Alternate Symbol(s):  PLCKF

Plurilock Security Inc. is a Canada-based identity-centric cybersecurity company. The Company secures workforces in the age of AI through its Plurilock AI platform, delivering advanced identity, data safety and guard rails to safely implement AI solutions to commercial and government customers worldwide. The Company operates through two operating divisions: the Technology Division and the... see more

TSXV:PLUR - Post Discussion

Plurilock Security Inc > Receives Two Purchase Orders
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Post by Betteryear2 on Oct 07, 2021 7:11am

Receives Two Purchase Orders

Vancouver, British Columbia--(Newsfile Corp. - October 7, 2021) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries ("Plurilock" or the "Company"), an identity-centric cybersecurity solutions provider for workforces, has received a US$133,000 order from the U.S. Marshals Service and a US$193,000 order from the U.S. Drug Enforcement Administration (DEA) as part the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a U.S. Government-Wide Acquisition Contract Vehicle (GWAC).

The U.S. Marshals Service is a part of the U.S. Department of Justice, serving as the enforcement arm of the federal courts.1 The U.S. DEA is a federal law enforcement agency, tasked with enforcing controlled substances laws and regulations.2 These orders are part of the SEWP V program. All contracts and orders announced by Plurilock since April 2021, including the latest order, represent a combined total of roughly US$12.23 million in sales.

The incidence of cyber attacks against law enforcement agencies is on the rise, underscoring the need for using vendors with extensive experience in cybersecurity and IT support solutions. In April, the D.C. Police Department was hit with a significant ransomware attack, the third law enforcement department in a six-week period, and was the 26th government agency to suffer an attack in 2021.3

According to the purchase order, Plurilock's Solutions Division will provide hardware maintenance for the two agencies. The orders align with Plurilock's stated goal of expanding within the government vertical.

About SEWP

The SEWP V program, launched by NASA in 2015, is the leading information technology (IT) contract vehicle, with government agencies spending $7.9 billion in fiscal 2020.4 Estimates anticipate that agencies will utilize SEWP V for $8.8 billion in contracted spending in fiscal 2021.5 The contract vehicle provides Plurilock with the opportunity to access downstream customers in the government sector.

About Plurilock

Plurilock 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:



https://www.newsfilecorp.com/release/98804
Comment by melow on Oct 07, 2021 3:18pm
Keep them coming>>>>>>>>>>>>>>>>>>>>>>>>>>
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