Plurilock Announces $2.4 Million Licensing Agreement with Nasdaq-Listed Semiconductor Manufacturer

Executive Summary

• Plurilock Security Inc. announced a two‑year licensing agreement with a Nasdaq‑listed semiconductor manufacturer valued at approximately $2.45 million.
• The deal provides the Customer with Plurilock’s advanced insider‑risk software via a strategic technology partner, covering engineering, production and supply‑chain environments.
• The agreement underscores Plurilock’s partner‑led delivery model and expands its footprint within high‑value semiconductor enterprises.

Key Details

• Agreement Value: $2,449,255 (USD).
• Term: Two years.
• Customer: Unnamed Nasdaq‑listed semiconductor manufacturer; client since 2024.
• Scope of Services: Delivery of Plurilock’s advanced insider‑risk software solution through a strategic technology partner.
• Target Areas: Engineering, production, and supply‑chain environments of the Customer.
• Commercial Model: Consistent with Plurilock’s historical software licensing arrangements; specific commercial terms remain confidential.
• Strategic Significance: Enhances protection of intellectual property and operational systems for a complex enterprise, reflecting growing demand for cybersecurity in semiconductor manufacturing.

Notable Quotes

“Large enterprises continue to prioritize security solutions that can be deployed efficiently while aligning with their operational and risk‑management objectives,” said Ian L. Paterson, CEO of Plurilock.
“This agreement demonstrates the strength of our partner‑led delivery model and our ability to support sophisticated customers with solutions that scale alongside their business.”