Plurilock enters $2.44-million licensing deal

Mr. Ian Paterson reports PLURILOCK ANNOUNCES $2.4 MILLION LICENSING AGREEMENT WITH NASDAQ-LISTED SEMICONDUCTOR MANUFACTURER Plurilock Security Inc. has signed a two-year licensing agreement valued at $2,449,255 with a Nasdaq-listed semiconductor manufacturer. The customer has been a Plurilock client since 2024, and the company has previously delivered multiple cybersecurity solutions and services to support the customer's evolving security requirements across its global operations. Under the agreement, Plurilock will provide the customer with an advanced insider-risk software solution through one of its strategic technology partners. The solution was selected to enhance protections across the customer's engineering, production and supply chain environments, reflecting the increasing importance of safeguarding sensitive intellectual property and operational systems within complex enterprise infrastructures. "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, chief executive officer 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." Consistent with Plurilock's historical software licensing arrangements, the company expects fulfilment and delivery to align with previously disclosed operating practices, as outlined in its most recent management's discussion and analysis. Additional details regarding the commercial terms of the agreement remain confidential. About Plurilock Security Inc. Plurilock is a services-led, product-enabled, artificial-intelligence-native cybersecurity company that solves complex cyber problems in high-stakes environments where failure is not an option. Trusted by Five Eyes governments, North Atlantic Treaty Organization-aligned agencies and Global 2000 enterprises, it defends critical infrastructure and safeguards the systems that power modern life. Its critical services division delivers operational resilience through unmatched expertise, proprietary intellectual property and AI-driven playbooks. We seek Safe Harbor.