Plurilock Security Inc. (TSX-V:PLUR) has announced that its wholly-owned subsidiary, Aurora Systems Consulting Inc has received a US$224,000 purchase order from the US Library of Congress as part of the National Aeronautics and Space Administration’s (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a US Government-Wide Acquisition Contract Vehicle (GWAC).
The company said under the terms of the contract, Aurora Systems will provide the Library of Congress - the largest library in the world which serves as the research arm of the US Congress - with software license renewal and maintenance support services.
Libraries have become an increasing target for ransomware attacks and several libraries have been impacted by cyber-attacks in the last few years, including incidents in Pennsylvania, Ohio, and Massachusetts, Plurilock added.
READ: Plurilock says Aurora Systems subsidiary wins US$1.5 million purchase order from the US Department of Defense
Including the latest order, Plurilock said all contracts and orders announced by it and its subsidiaries since January 1, 2022, represent a combined total of roughly US$5.28 million in sales.
The company also announced that under a share purchase agreement dated March 26, 2021, between the company, Plurilock Security Corp. and Aurora Systems Consulting, a performance-based earnout has been achieved and it has issued 1,154,676 common shares at $0.325 per share to the vendor in satisfaction of the earnout payment of US$300,000.
Additionally, it has issued 69,538 common shares at $0.325 each to AGORA Internet Relations Corp. as the second installment payment of $20,000 plus applicable taxes under its online marketing agreement with the company.
The Plurilock family of companies enables organizations to operate safely and securely while reducing cybersecurity friction. 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 stephen.gunnion@proactiveinvestors.com