Plurilock Security Inc. (TSX-V:PLUR) said it has received a purchase order for the company’s flagship software platform from a US Financial Institution.
The company noted that the customer has been operating for over 60 years and has regional offices across multiple US states.
The cross-sale order was secured through the existing client network of its wholly-owned subsidiary, Aurora Systems Consulting Inc. According to the terms of the order, the customer will license the continuous identity confirmation functionality of the Plurilock platform.
“We are pleased to expand our sales pipeline for our high-margin software solution with this order,” said Ian L. Paterson, CEO of Plurilock in a statement.
READ: Plurilock Security receives purchase order for its flagship software platform from a US credit union; appoints new director
“Our flagship cybersecurity platform provides advanced identity authentication, which bodes well for organizations in the financial services sector, where there has been a significant increase in cyberattacks. Moving forward, we intend to provide our zero-trust technology offering to companies across key industry verticals that require strong cyber defenses to protect their employees in order to prevent valuable data leakages," Paterson added.
Last week, Plurilock received a purchase order for the company’s flagship software platform from a US credit union, which was the first cross-sale following the group's transaction with Atrion Communications Inc.
The company said the customer selected Plurilock for its robust flagship cybersecurity software solution as part of its zero-trust strategy. According to the terms of the order, the customer will license the continuous identity confirmation functionality of the Plurilock platform.
Plurilock provides identity-centric cybersecurity for today's workforces. The company 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
Contact the author at jon.hopkins@proactiveinvestors.com