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Plurilock Receives US$1.7 Million Overseas Order with U.S. Department of Defense
Tuesday, July 20, 2021Company Profile | Follow Company
Victoria, BC, July 20, 2021--(T-Net)--Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF), an identity-centric cybersecurity solutions provider for workforces, announced that it has received a US$1.7 million order with the U.S. Department of Defense as part of National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP), a U.S. Government-Wide Acquisition Contract Vehicle (GWAC).
Following Plurilock's US$1.15 million order with the U.S. Department of the Navy announced on May 7, 2021, the latest purchase order represents the Company's second order to be worth over US$1 million in recent months. All contracts and orders signed by Plurilock since May 2021, including the latest order, represent a combined total of US$5.5 million in sales.
Per the terms of the order, the Company will provide the U.S. Department of Defense with a collection of IT software and hardware products, including network communication equipment, IT system components, peripherals, and software. The order includes ongoing maintenance support and will be fulfilled and sent overseas to an international site operated by the U.S. Department of Defense.
This new order is part of the Company's planned growth strategy and efforts to acquire additional business within the government vertical.
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 2020.1 Estimates anticipate that agencies will utilize SEWP V for $8.8 billion in contracted spending in fiscal 2021.2 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.
For more information, visit https://www.plurilock.com
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Plurilock Security Solutions Inc.
Victoria (InfoTech)
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