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Plurilock's Aurora Systems Receives Purchase Order From U.S. Federal Bureau of Investigation for US$285,000
Wednesday, December 22, 2021Company Profile | Follow Company
Victoria, BC, December 22, 2021--(T-Net)--Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries, an identity-centric cybersecurity solutions provider for workforces, announced today that its wholly owned subsidiary, Aurora Systems Consulting, Inc., has received a US$285,000 order from the U.S. Federal Bureau of Investigation (FBI) as part of the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a U.S. Government-Wide Acquisition Contract Vehicle (GWAC).
The FBI is a U.S. national security and law enforcement agency with more than 30,000 agents, analysts, and other employees that protect the country from terrorism and other criminal threats.
The order is part of the SEWP V program, aligning with Plurilock's stated goal of expanding within the government vertical. All contracts and orders announced by PlurilockTM and its subsidiaries since April 2021, including the latest order, represent a combined total of roughly US$13.34 million in sales.
With estimates that global cybercrime costs will reach $10.5 trillion annually by 2025, it is more critical than ever that organizations, particularly those related to government services, work with skilled cybersecurity and IT support vendors on strengthening their security posture.2
Under the terms of the purchase order, Aurora will provide the FBI with hardware, software licenses, and maintenance support.
About SEWP
The SEWP V program, launched by NASA in 2015, is the leading information technology (IT) contract vehicle, with government agencies spending $7.9 billion in fiscal 2020.3 Estimates anticipate that agencies will utilize SEWP V for $8.8 billion in contracted spending in fiscal 2021.4 The contract vehicle provides Plurilock with the opportunity to access downstream customers in the government sector.
About Plurilock
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. Plurilock offers world-class IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division. Together, the Plurilock family of companies delivers persistent identity assurance with unmatched ease of use.
Plurilock's Base Shelf Prospectus, Prospectus Supplement, financial statements and management's discussion and analysis, among other documents, are all available on the Company's profile page on SEDAR at www.sedar.com. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. FORWARD-LOOKING STATEMENTS This press release may contain certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") related to future events or Plurilock's future business, operations, and financial performance and condition. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Plurilock's business. [ MORE ] |
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Plurilock Security Solutions Inc.
Victoria (InfoTech)
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