Plurilock Enters Critical Services Partnership with TD SYNNEX to Provide AI Services in North America
Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) has announced a partnership with TD SYNNEX (NYSE: SNX) to provide AI services in North America. Under this agreement, Plurilock will offer AI-focused critical services and cybersecurity solutions for TD SYNNEX's North American operations. These services may include security operations, offensive security, data protection, Zero Trust architecture, and AI transformation.
This partnership represents the initial phase of a potentially broader collaboration, with the possibility of expanding into TD SYNNEX's global operations. The partnership aims to enhance TD SYNNEX's AI services offerings in the cybersecurity sector, leveraging Plurilock's expertise in AI and cybersecurity developed over eight years.
Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ha annunciato una partnership con TD SYNNEX (NYSE: SNX) per fornire servizi di IA in Nord America. In base a questo accordo, Plurilock offrirà servizi critici focalizzati sull'IA e soluzioni di cybersecurity per le operazioni nordamericane di TD SYNNEX. Questi servizi possono includere operazioni di sicurezza, sicurezza offensiva, protezione dei dati, architettura Zero Trust e trasformazione dell'IA.
Questa partnership rappresenta la fase iniziale di una potenziale collaborazione più ampia, con la possibilità di espandersi nelle operazioni globali di TD SYNNEX. L'obiettivo della partnership è migliorare l'offerta di servizi di IA di TD SYNNEX nel settore della cybersecurity, sfruttando l'esperienza di Plurilock nell'IA e nella cybersecurity sviluppata in otto anni.
Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ha anunciado una alianza con TD SYNNEX (NYSE: SNX) para proporcionar servicios de IA en América del Norte. Bajo este acuerdo, Plurilock ofrecerá servicios críticos enfocados en IA y soluciones de ciberseguridad para las operaciones de TD SYNNEX en América del Norte. Estos servicios pueden incluir operaciones de seguridad, seguridad ofensiva, protección de datos, arquitectura Zero Trust y transformación de IA.
Esta asociación representa la fase inicial de una colaboración potencialmente más amplia, con la posibilidad de expandirse a las operaciones globales de TD SYNNEX. El objetivo de la alianza es mejorar la oferta de servicios de IA de TD SYNNEX en el sector de la ciberseguridad, aprovechando la experiencia de Plurilock en IA y ciberseguridad desarrollada a lo largo de ocho años.
Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF)는 TD SYNNEX (NYSE: SNX)와 파트너십을 체결하여 북미에서 AI 서비스를 제공한다고 발표했습니다. 이 계약에 따라 Plurilock는 TD SYNNEX의 북미 운영을 위해 AI 중심의 핵심 서비스와 사이버 보안 솔루션을 제공합니다. 이러한 서비스에는 보안 운영, 공격 보안, 데이터 보호, 제로 트러스트 아키텍처 및 AI 변환이 포함될 수 있습니다.
이번 파트너십은 TD SYNNEX의 글로벌 운영으로 확대될 가능성이 있는 잠재적으로 더 넓은 협력의 초기 단계입니다. 이 파트너십의 목표는 Plurilock이 8년에 걸쳐 개발한 AI 및 사이버 보안에 대한 전문성을 활용하여 사이버 보안 분야에서 TD SYNNEX의 AI 서비스 제공을 강화하는 것입니다.
Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) a annoncé un partenariat avec TD SYNNEX (NYSE: SNX) pour fournir des services d'IA en Amérique du Nord. Dans le cadre de cet accord, Plurilock proposera des services critiques axés sur l'IA et des solutions de cybersécurité pour les opérations nord-américaines de TD SYNNEX. Ces services peuvent inclure des opérations de sécurité, de la sécurité offensive, de la protection des données, de l'architecture Zero Trust et de la transformation de l'IA.
Ce partenariat représente la phase initiale d'une collaboration potentiellement plus vaste, avec la possibilité de s'étendre aux opérations mondiales de TD SYNNEX. L'objectif du partenariat est d'améliorer l'offre de services d'IA de TD SYNNEX dans le secteur de la cybersécurité, en s'appuyant sur l'expertise de Plurilock en matière d'IA et de cybersécurité développée au cours de huit ans.
Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) hat eine Partnerschaft mit TD SYNNEX (NYSE: SNX) angekündigt, um KI-Dienste in Nordamerika anzubieten. Im Rahmen dieser Vereinbarung wird Plurilock KI-fokussierte kritische Dienstleistungen und Cybersicherheitslösungen für die nordamerikanischen Operationen von TD SYNNEX anbieten. Zu diesen Dienstleistungen können Sicherheitsoperationen, offensive Sicherheit, Datenschutz, Zero Trust-Architektur und KI-Transformation gehören.
Diese Partnerschaft stellt die erste Phase einer potenziell breiteren Zusammenarbeit dar, mit der Möglichkeit, in die globalen Operationen von TD SYNNEX zu expandieren. Ziel der Partnerschaft ist es, das Angebot an KI-Diensten von TD SYNNEX im Bereich der Cybersicherheit zu verbessern, indem Plurilocks Expertise in KI und Cybersicherheit, die über acht Jahre entwickelt wurde, genutzt wird.
- Partnership with TD SYNNEX to provide AI services in North America
- Potential for expansion into TD SYNNEX's global operations
- Validation of Plurilock's expertise in AI and cybersecurity
- None.
Insights
This partnership marks a significant milestone for Plurilock, potentially expanding its market reach through TD SYNNEX's extensive distribution network. The collaboration focuses on AI-driven cybersecurity services, a rapidly growing sector in the tech industry.
The deal's initial phase in North America suggests a cautious but strategic approach, with the possibility of global expansion. This could lead to substantial revenue growth for Plurilock if the partnership proves successful. However, investors should note that the financial terms and specific revenue projections are not disclosed, making it challenging to quantify the immediate impact on Plurilock's bottom line.
The partnership also validates Plurilock's AI expertise in the cybersecurity domain, potentially enhancing its market position and attracting more high-profile clients. This could translate into increased investor confidence and possibly positively impact the stock price in the short to medium term.
The partnership between Plurilock and TD SYNNEX is strategically timed, coinciding with the surging demand for AI-powered cybersecurity solutions. As organizations increasingly rely on AI technologies, the need for robust security measures has become paramount, creating a lucrative market opportunity.
TD SYNNEX's selection of Plurilock as a service provider suggests a vote of confidence in the company's capabilities, potentially elevating Plurilock's status in the competitive cybersecurity landscape. This could lead to increased market share and brand recognition for Plurilock.
However, investors should be aware of the intense competition in the AI cybersecurity space. Plurilock will need to consistently demonstrate superior technology and service delivery to maintain its competitive edge and fully capitalize on this partnership's potential.
While this partnership announcement is positive for Plurilock, the lack of financial details makes it difficult to quantify its immediate impact on the company's revenue or profitability. Investors should monitor future earnings reports for tangible evidence of the partnership's financial benefits.
The potential for global expansion of the partnership is promising, as it could significantly increase Plurilock's total addressable market. However, this expansion is not guaranteed and would likely require additional investment and resources from Plurilock.
Given Plurilock's status as a smaller, publicly traded company (TSXV: PLUR, OTCQB: PLCKF), this high-profile partnership could potentially lead to increased investor interest and liquidity in its stock. However, as with any small-cap stock, investors should be mindful of potential volatility and conduct thorough due diligence.
- TD SYNNEX will now offer Plurilock's Critical Services
- Plurilock also chosen as a cybersecurity service provider
- Initial phase of a potential wider partnership into global operations
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2024) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ("Plurilock" or the "Company"), a global cybersecurity services and solutions provider, announces a partnership with TD SYNNEX (NYSE: SNX), a leading global distributor and solutions aggregator for the IT ecosystem, to provide artificial intelligence ("AI") services in North America.
Under the terms of the partnership, Plurilock will provide AI-focused critical services and cybersecurity solutions for TD SYNNEX across their North American operations. The services and solutions provided may include, but are not limited to: security operations; offensive security and penetration testing; data and intellectual property protection and loss prevention; Zero Trust architecture and implementation; digital and AI transformation; and related advisory and governance, risk, and compliance (GRC) services. This represents the initial phase of a potential wider partnership, with the possibility of future expansion into the company's global footprint.
"TD SYNNEX is committed to uniting technology solutions that deliver business outcomes today and unlock growth for the future," said Joe Pittillo, Senior Vice President, Services at TD SYNNEX. "With Plurilock added as a service provider, we are able to enrich the breadth and depth of our AI services offerings in a critically important sector for our partners."
"AI has been embedded in our DNA since our inception over eight years ago as a cybersecurity company," said Ian L. Paterson, CEO of Plurilock. "As AI continues to become pervasive, our customers rely on Plurilock for expert advice and guidance. Being chosen to deliver critical services in this specialized area is a strong endorsement of our expertise and further validation of our efforts as we continue our mission to protect the world's leading companies from today's threats."
About TD SYNNEX
TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We're an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX's 23,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 2,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including AI, cloud, cybersecurity, big data/analytics, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com, follow our newsroom or follow us on LinkedIn, Facebook and Instagram.
Copyright 2024 TD SYNNEX Corporation. All rights reserved. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of TD SYNNEX Corporation. Other names and trademarks are the property of their respective owners.
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.
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223071
FAQ
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