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Plurilock Announces New Sales to the United States Department of Transportation

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Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) has announced two new sales to the United States Department of Transportation (USDOT). The company will provide key hardware and software to USDOT, with a total value of US$100,000 during 2024. One of the sales includes an optional renewal for up to four years, potentially bringing the total combined value to US$215,000 over five years.

Plurilock CEO Ian L. Paterson expressed pride in being a provider to various U.S. government agencies at both state and federal levels. The USDOT, established by the U.S. Congress in 1966, is a cabinet-level executive department employing over 56,000 people and has previously procured solutions from Plurilock.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ha annunciato due nuove vendite al Dipartimento dei Trasporti degli Stati Uniti (USDOT). L'azienda fornirà hardware e software fondamentali all'USDOT, per un valore totale di 100.000 dollari statunitensi nel 2024. Una delle vendite include un'opzione di rinnovo fino a quattro anni, portando potenzialmente il valore complessivo a 215.000 dollari statunitensi in cinque anni.

Il CEO di Plurilock, Ian L. Paterson, ha espresso orgoglio per essere un fornitore per varie agenzie governative statunitensi sia a livello statale che federale. L'USDOT, istituito dal Congresso degli Stati Uniti nel 1966, è un dipartimento esecutivo di livello ministeriale che impiega oltre 56.000 persone e ha precedentemente acquistato soluzioni da Plurilock.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ha anunciado dos nuevas ventas al Departamento de Transporte de los Estados Unidos (USDOT). La empresa proporcionará hardware y software clave al USDOT, con un valor total de 100,000 dólares estadounidenses durante 2024. Una de las ventas incluye una renovación opcional por hasta cuatro años, lo que potencialmente elevaría el valor total combinado a 215,000 dólares estadounidenses en cinco años.

El CEO de Plurilock, Ian L. Paterson, expresó su orgullo por ser proveedor de varias agencias gubernamentales de EE. UU. tanto a nivel estatal como federal. El USDOT, establecido por el Congreso de EE. UU. en 1966, es un departamento ejecutivo a nivel de gabinete que emplea a más de 56,000 personas y anteriormente ha adquirido soluciones de Plurilock.

플루릴록 보안 주식회사 (TSXV: PLUR) (OTCQB: PLCKF)가 미국 교통부 (USDOT)에 대한 두 건의 신규 판매를 발표했습니다. 이 회사는 USDOT에 총 100,000 달러의 하드웨어 및 소프트웨어를 2024년 동안 제공할 예정입니다. 판매 중 하나에는 최대 4년 동안의 선택적 갱신이 포함되어 있으며, 5년 동안 총 215,000 달러로 증가할 수 있습니다.

플루릴록 CEO 이안 L. 패터슨은 주 및 연방 차원에서 다양한 미국 정부 기관에 공급자 역할을 맡게 된 것을 자랑스럽게 생각한다고 밝혔습니다. 1966년 미국 의회에 의해 설립된 USDOT는 5만6천 명 이상을 고용하고 있으며, 이전에 플루릴록의 솔루션을 구매한 바 있습니다.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) a annoncé deux nouvelles ventes au Département des Transports des États-Unis (USDOT). L'entreprise fournira du matériel et des logiciels clés à l'USDOT, d'une valeur totale de 100 000 dollars américains en 2024. L'une des ventes inclut un renouvellement facultatif pouvant aller jusqu'à quatre ans, ce qui pourrait porter le valeur totale combinée à 215 000 dollars américains sur cinq ans.

Le PDG de Plurilock, Ian L. Paterson, a exprimé sa fierté d'être fournisseur de diverses agences gouvernementales américaines, tant au niveau des États qu'au niveau fédéral. L'USDOT, établi par le Congrès américain en 1966, est un département exécutif de niveau ministériel employant plus de 56 000 personnes et a précédemment acquis des solutions auprès de Plurilock.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) hat zwei neue Verkäufe an das US-Verkehrsministerium (USDOT) angekündigt. Das Unternehmen wird dem USDOT wichtige Hardware und Software zur Verfügung stellen, mit einem Gesamtwert von 100.000 US-Dollar im Jahr 2024. Einer der Verkäufe umfasst eine optionale Verlängerung von bis zu vier Jahren, die den gesamt kombinierte Wert auf 215.000 US-Dollar über fünf Jahre erhöhen könnte.

Der CEO von Plurilock, Ian L. Paterson, äußerte Stolz darauf, Anbieter für verschiedene US-Regierungsbehörden auf staatlicher und bundesstaatlicher Ebene zu sein. Das USDOT, das 1966 vom US-Kongress gegründet wurde, ist ein Ministerium auf Kabinettsebene und beschäftigt über 56.000 Menschen und hat zuvor Lösungen von Plurilock beschafft.

Positive
  • Secured two new sales contracts with the United States Department of Transportation
  • Total contract value of US$100,000 for 2024
  • Potential for contract extension up to five years with a total value of US$215,000
  • Expanding presence in U.S. government sector
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2024) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ("Plurilock" or the "Company"), a global cybersecurity services and solutions provider, announces two new sales to the United States Department of Transportation (USDOT).

Under the terms of the sales, Plurilock will provide key hardware and software to USDOT totaling US$100,000 during 2024, along with optional renewal for up to four years under one of the sales, for a total combined value of up to US$215,000 over five years.

Established by the U.S. Congress in 1966, the United States Department of Transportation is a cabinet-level executive department of the United States Federal Government employing over 56,000 people,1 and is one of a number of U.S. federal and state government agencies that procure or that have procured solutions from Plurilock.

"As a company, we're proud to be a provider to a number of government agencies in the U.S., both at the state and federal level," says Ian L. Paterson, CEO of Plurilock. "It's always a privilege to work with clients of this caliber, and as a company we continue to strive to justify the faith in Plurilock that procurements like these represent."

About Plurilock

Plurilock sells cybersecurity solutions to the United States and Canadian Federal Governments along with Global 2000 companies. Through these relationships, Plurilock sells its unique brand of Critical Services-aiding clients with our expertise to defend against, detect, and prevent costly data breaches and cyberattacks.

For more information, visit https://www.plurilock.com or contact:

Ian L. Paterson
Chief Executive Officer
ian@plurilock.com
416.800.1566

Ali Hakimzadeh
Executive Chairman
ali@sequoiapartners.ca
604.306.5720

Sean Peasgood
Investor Relations
sean@sophiccapital.com
647.953.5607

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the TSX Venture Exchange policies) accepts responsibility for the adequacy or accuracy of this release.

About Acronis

Acronis is a global cyber protection company that provides natively integrated cybersecurity, data protection, and endpoint management for managed service providers (MSPs), small and medium businesses (SMBs), and enterprise IT departments. Acronis solutions are highly efficient and designed to identify, prevent, detect, respond, remediate, and recover from modern cyberthreats with minimal downtime, ensuring data integrity and business continuity. Acronis offers the most comprehensive security solution on the market for MSPs with its unique ability to meet the needs of diverse and distributed IT environments.

A Swiss company founded in Singapore in 2003, Acronis has 15 offices worldwide and employees in 50+ countries. Acronis Cyber Protect is available in 26 languages in 150 countries and is used by over 20,000 service providers to protect over 750,000 businesses. Learn more at www.acronis.com.

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. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, and unforeseen events and developments. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. Many of these factors are beyond the control of Plurilock. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof, and Plurilock undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company's business are more fully discussed under the heading "Risk Factors" in its most recent Annual Information Form. They are otherwise disclosed in its filings with securities regulatory authorities available on SEDAR+ at www.sedarplus.ca.


1 https://www.eeoc.gov/federal-sector/department-transportation-dot-0

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220530

FAQ

What is the total value of Plurilock's new sales to the USDOT for 2024?

The total value of Plurilock's new sales to the United States Department of Transportation for 2024 is US$100,000.

What is the potential total value of Plurilock's USDOT contracts over five years?

The potential total combined value of Plurilock's USDOT contracts over five years is up to US$215,000, including the optional renewal for one of the sales.

What will Plurilock (PLCKF) provide to the USDOT under these new sales?

Plurilock (PLCKF) will provide key hardware and software to the United States Department of Transportation under these new sales.

How many employees does the United States Department of Transportation have?

The United States Department of Transportation employs over 56,000 people.

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