Plurilock Security Inc. (TSX-V:PLUR) said it has signed a contract renewal for its flagship software platform with an overseas security solutions provider.
The customer delivers various security solutions across different verticals such as property, personal, systems and facilities.
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.
“We are pleased to renew a contract with an overseas security solutions provider,” said Ian L. Paterson, CEO of Plurilock in a statement.
READ: Plurilock Security inks contract renewal for its flagship software platform with an overseas fintech company
“A key focus of our sales strategy is to maintain strong relationships with existing customers in order to achieve high customer retention. Moving forward, we will continue to secure additional contract renewals for our high-margin software offerings,” 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