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Canadian AI firm wins US$4.2M U.S. Health and Human Services order

Jon Brown Jon Brown, The Market Herald
0 Comments| October 3, 2023

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  • Plurilock Security Inc. (TSXV:PLUR) has received a US$4.2 million two-year sale order from the U.S. Department of Health and Human Services
  • The sale represents the latest transaction in a series of orders between Plurilock and a U.S. government customer in recent months
  • According to the terms of the order, the company will deliver data analytics software and professional services solutions to the customer
  • Plurilock last traded at $0.075 per share

Plurilock Security Inc. (TSXV:PLUR) has received a US$4.2 million two-year sale order from the U.S. Department of Health and Human Services.

The sale represents the latest transaction in a series of orders between Plurilock and a U.S. government customer in recent months.

The Vancouver-based company intends to secure more contracts with organizations within the North American public sector. According to the terms of the order, the company will deliver data analytics software and professional services solutions to the customer.

“We are pleased to announce a US$4.2 million sale order with a U.S. federal customer,” Ian L. Paterson, Plurilock CEO, said in a statement. “Our focus is to continue growing our customer pipeline in North America and we intend to build stronger business relationships with organizations across key industry verticals as part of our sales strategy.”

Plurilock secures workforces in the age of AI through its Plurilock AI Platform, which delivers advanced identity, access management, data safety, and AI safety solutions to commercial and government customers worldwide.

Plurilock last traded at $0.075 per share.

Join the discussion: Find out what everybody’s saying about this stock on the Plurilock Security stock forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.



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