Plurilock enters $624K (U.S.) software, services deal

Executive Summary

• Plurilock Security Inc. has secured a one-year software and services contract valued at US$624,000 with a major U.S. state law enforcement agency.
• The agreement involves providing software solutions and dedicated engineering support to enhance the agency's cybersecurity posture and protect sensitive public safety data.
• The customer is an existing client and is described as the state's largest employer of law enforcement officers, operating correctional and parole systems.

Key Details

• Contract Value: US$624,000.
• Contract Duration: One year.
• Customer Profile: A large, state-level law enforcement agency in the United States; specifically identified as the state's largest employer of law enforcement officers and operator of correctional and parole systems.
• Customer Status: Existing Plurilock client.
• Scope of Work: Provision of software solutions and dedicated engineering support to strengthen security posture and ensure continuous protection of sensitive law enforcement and public safety data.
• Financial Expectations: Plurilock anticipates fulfillment costs and gross margins will be consistent with its historic solutions business and professional services business as reported in its most recent MD&A.
• Confidentiality: Specific terms of the contract are subject to confidentiality and non-disclosure agreements.

Notable Quotes

• "This agreement strengthens a longstanding relationship with one of the largest and most complex public safety agencies in the country," said Ian L. Paterson, chief executive officer of Plurilock. "As an existing customer, this agency has seen firsthand the value our team delivers in mission-critical environments, and we've established a strong foundation for future collaboration as the agency advances its cybersecurity modernization initiatives."