Plurilock Security Inc. (TSX-V:PLUR) said it has completed the sale of its recently acquired cloud-based access control solution, Plurilock CloudCodes, to a Canadian technology business council.
The company said the customer has signed an annual subscription to utilize Plurilock CloudCodes in order to protect its communication platform against unauthorized access and to prevent data leakage.
"We are pleased to announce the sale of Plurilock CloudCodes to a reputable Canadian organization," said Ian L. Paterson, CEO of Plurilock in a statement.
READ: Plurilock Security signs contract renewals for recently acquired CloudCodes product
"Plurilock CloudCodes is a unique technology offering that only enables authorized users to access relevant data in the cloud. We see a growing demand for cloud-based security solutions and we intend to capitalize on this opportunity by expanding our sales pipeline for this innovative access control product," he added.
Plurilock provides identity-centric cybersecurity for today's workforces. The Plurilock family of companies enables organizations to operate safely and securely while reducing cybersecurity friction.
Contact the author at jon.hopkins@proactiveinvestors.com