Plurilock Security Inc (TSX-V:PLUR) (OTCQB:PLCKF), an identity-centric cybersecurity solution provider, revealed that it has received a US$794,000 purchase order from a California state healthcare agency under the NASPO ValuePoint program.
The Victoria, British Columbia-based technology company said the order is the latest in a series of new business for Plurilock's Solutions Division, as the company continues its growth within the government, healthcare, and financial verticals.
“All contracts and orders signed by Plurilock since April 2021, including the latest order, represent a combined total of US$9.1 million in sales,” said the company.
READ: Plurilock Security beats competition to win new order from California state taxation agency
According to the purchase order, the agency will receive a one-year renewal on a software subscription for a suite of Symantec products, including maintenance support. The company secured the contract award under the NASPO ValuePoint program, a cooperative purchasing arm of the National Association of State Procurement Officials (NASPO).
NASPO is a non-profit organization that provides state chief procurement officers with access to competitive vendors for public procurement solicitations and agreements.
Significantly, being a vendor through the NASPO ValuePoint program gives Plurilock access to directors of central purchasing offices in all 50 US states, the District of Columbia, and all US territories.
As the cyber threat continues to grow, healthcare organizations have become a significant target, noted the company. At least 93% of healthcare organizations have experienced a data breach over the last three years, and more than 2,100 healthcare data breaches have been reported in the US since 2009, according to a 2020-2021 Healthcare Cybersecurity Report.
Plurilock offers cybersecurity solutions paired with AI-driven, cloud-friendly security technologies that deliver persistent identity assurance.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
Follow her on Twitter: @UttaraProactive