Company
CVE:PLUR
Plurilock is a services-led, product-enabled, AI-native cybersecurity company that solves complex cyber problems in high-stakes environments where failure isn’t an option. Trusted by Five-Eyes governments, NATO-aligned agencies, and Global 2000 enterprises, the company defends critical infrastructure and safeguards the systems that power modern life.
200 stories · page 6 of 10
Analysts at the firm expect Plurilock's acquisition of CloudCodes, if successful, to fuel the revenue growth of the company’s technology division by 200%+ in 2022 and 2023
The identity-centric cybersecurity company said the series of orders demonstrates its continued sales growth across key industry verticals
“In our summer product release, our team has delivered on critical features that support our customers’ growing use of virtual environments and other customer-driven features,” said Plurilock CEO Ian L. Paterson
Analysts at Leede Jones Gable noted that the Canadian cybersecurity solutions provider’s “balance sheet remains strong, and it ended Q1/22 with cash of approximately $6 million”
The cybersecurity solutions provider said hardware and systems sales revenue contributed 93.4% of the C$6,953,052 revenue posted in the three months ended March 31, 2022
"We believe our inclusion as a representative vendor in this Gartner report validates Plurilock's position as a leading player in the zero-trust identity space," Plurilock CEO Ian L Paterson said
The award comes after Integra’s success in delivering high-margin software solutions to over 50 organizations over the last three years, including Shared Services Canada, Department of National Defence, and the Royal Canadian Mounted Police
"In an increasingly remote world, zero-trust identity technology is critical for securing workforces, including those operating in virtual environments," Plurilock CEO Ian L. Paterson said
“This series of orders highlights Plurilock’s role as a leader in the cybersecurity and IT space and demonstrates the company’s work in achieving our stated goal of securing contracts across key industry verticals, including military defens
During the 2020 event, 200 participants contributed 16,000 hours of research, development, and innovation and to-date participants have delivered 80 projects
“Into 2022, our focus will be to extend our sales pipeline further and complete more high-margin proprietary software sales," said Ian L Paterson, CEO of Plurilock
The order is the first cross-selling purchase order through Aurora for Plurilock’s DEFEND technology offering, and includes ongoing maintenance support, the company said
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
"With his extensive experience in growing revenue and scaling technology companies, he will be an invaluable asset to our team as we look to accelerate sales of our high margin ADAPT and DEFEND product suite," said Ian L. Paterson, CEO of P
The orders are part of the SEWP V program and fall within Plurilock’s goal of expanding its government and defense portfolio, the cybersecurity solutions firm said
“As the cyber threat continues to grow, PlurilockTM is continuously building on our cutting-edge zero trust identity technology, to combat the security challenges enterprises face,” Ian L. Paterson, CEO of Plurilock said in a statement.
The entertainment company has a global subscription platform, motion picture production and television studio operations
Under the terms of the contract, Aurora Systems will provide the US Department of the Navy with hardware and maintenance support services, the company said
"We look forward to working with him (Zengerle) in scaling Plurilock's operations to become a leading supplier of identity-centric cybersecurity solutions," said Ian L Paterson, CEO of Plurilock
"We're pleased to have Brandon on board at Plurilock, where we can leverage his extensive technical and cybersecurity experience as we manage our continued growth," Ian L. Paterson, CEO of Plurilock, said in a statement
