Plurilock Security Inc. (TSX-V:PLUR) said it has signed a contract renewal for its flagship software platform with an overseas fintech company.
The customer delivers fintech solutions including payroll and health benefit management.
According to the terms of the contract, the customer has renewed its subscription for the cloud security functionality of the Plurilock platform, which includes Access Control Management.
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“We are pleased to renew a contract for our high-margin solution with an existing customer in the fintech industry,” said Ian L. Paterson, CEO of Plurilock in a statement.
“With a sizable customer pipeline, we intend to maintain a strong business relationship with existing clients. Overall, this contract renewal attests to the robustness of our platform in providing advanced cybersecurity with an emphasis on zero-trust principles,” 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