Home » Plurilock Announces Sale of CloudCodes Product to Canadian Council for Business Technology

Plurilock Announces Sale of CloudCodes Product to Canadian Council for Business Technology

by Tess Hutchinson

VANCOUVERPlurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and its subsidiaries (‘Plurilock’ or the ‘Company’), a provider of identity-centric cybersecurity solutions for the workforce, is pleased to announce that the Company has completed the sale of its recently acquired cloud access control solution based on Plurilock CloudCodes to a Canadian technology business consultancy (the “Client”).

The Client has taken out an annual subscription with the Company to use Plurilock CloudCodes in order to protect its communication platform against unauthorized access and prevent data leaks.

“We are pleased to announce the sale of Plurilock CloudCodes to a reputable Canadian organization,” said Ian L. Paterson, CEO of Plurilock. “Plurilock CloudCodes is a unique technology offering that only allows authorized users to access relevant data in the cloud. We see a growing demand for cloud-based security solutions and we intend to capitalize on this opportunity by expanding our sales portfolio for this innovative access control product.

About Plurilock

Plurilock provides identity-centric cybersecurity for today’s employees. The Plurilock family of companies enables organizations to operate securely while reducing cybersecurity friction. Plurilock offers world-class IT and cybersecurity solutions through its Solutions division, combined with proprietary, AI-based, cloud-enabled security through its Technology division. Together, the Plurilock family of companies delivers persistent identity assurance with unparalleled ease of use.

Contact:

Ian L. Paterson

Tel: 416.800.1566

Email: ian@plurilock.com

Forward-looking statements

This press release may contain certain forward-looking statements and information (collectively, “forward-looking statements”) relating to future events or Plurilock’s future business, operations, performance and financial conditions. Forward-looking statements normally contain words such as “will”, “intend”, “anticipate”, “could”, “should”, “may”, “could”, “expect”, “estimate ‘, ‘plan’, ‘plan’, ‘potential’, ‘project’, ‘assume’, ‘contemplate’, ‘believe’, ‘shall’, ‘planned’ 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 under the circumstances. Although management believes that the forward-looking statements contained herein are reasonable, actual results could differ materially due to the risks and uncertainties associated with and inherent in Plurilock’s business. Additional material risks and uncertainties applicable to the forward-looking statements included herein include, but are not limited to, the impact of general economic conditions; the Company’s success in obtaining new or extended contracts or orders; the Company’s ability to retain existing customers or develop new customers; the Company’s ability to successfully integrate acquisitions of other businesses and/or companies or realize the anticipated benefits thereof and unforeseen events, developments or factors causing the foregoing expectations, assumptions and other factors to be ultimately inaccurate or irrelevant. This list is not exhaustive of factors that could affect the Company’s forward-looking statements. Many of these factors are beyond Plurilock’s control. 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 of the date hereof, and Plurilock undertakes no obligation to publicly update or revise any of the forward-looking statements included, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The risks and uncertainties relating to the Company’s business are described in more detail under the heading “Risk Factors” in its most recent Annual Information Form.

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