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Tech

Plurilock wins $5.1M order from U.S. Department of Treasury

Plurilock Security Inc. (TSX-V:PLUR) announced on Thursday that it has received a five-year sales order from the U.S. Department of Treasury valued at US$5.1 million.

Under the order, Plurilock will deliver professional services solutions to the customer.

The company noted that the deal is the latest in a series of orders between Plurilock and U.S. government customers in recent months and that it intends to secure more contracts with North American public sector organizations.

"Growing our sales pipelines remains as a key objective for Plurilock and we intend to secure more sale orders with North American government organizations, which will enable us to unlock the opportunity to upsell additional offerings in the future," Plurilock CEO Ian Paterson said in a statement.

Plurilock secures workforces in the age of AI through its Plurilock AI platform, delivering advanced identity, data safety, and guard rails to safely implement AI solutions to commercial and government customers worldwide.

Contact the author at emily.jarvie@proactiveinvestors.com

Follow her on Twitter @emilyjjarvie

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