Plurilock Security Inc. (TSX-V:PLUR) said it has signed a contract renewal for its flagship software platform with an international IT solutions provider.
The customer currently operates across North America, Asia and Europe as well as Oceanic countries including Australia and New Zealand.
According to the terms of the contract, the customer has renewed its subscription for the cloud security functionality of the Plurilock platform.
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“This contract renewal with an international organization bodes well for Plurilock’s global sales strategy for our flagship product,” said Ian L Paterson, CEO of Plurilock in a statement.
“Moving forward, we aim to continue securing more contract renewals for our high-margin technology offering to ensure high customer retention,” he added.
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.
Contact the author at jon.hopkins@proactiveinvestors.com