Plurilock Signs $1.1 Million Contract With Fortune 50 Conglomerate
FULL DISCLOSURE: This is sponsored content for Plurilock.
Plurilock Security (TSX: PLUR) has secured yet another major order in the United States. The latest comes from a Fortune 50 U.S. conglomerate, who has signed a three year agreement for network management solutions.
The latest agreement, at $1.1 million in size, comes from Plurilock’s Aurora Systems Consulting subsidiary. The agreement will see Plurilock provide an IT performance management solution that provides centralized visibility into server, network, infrastructure, application, and user experience performance through a series of data tools.
“By integrating network forensics, application analytics, and end-user experience monitoring into a unified platform, Plurilock streamlines issue diagnosis and resolution while enabling centralized control across on-premise, virtual, and cloud environments. Our long-standing partnership with this Customer reflects the trust Plurilock has built and our ability to address complex visibility challenges. Plurilock remains committed to delivering advanced solutions that empower enterprises to optimize performance and safeguard their networks,” commented Ian Paterson, CEO of Plurilock.
READ: Plurilock Lands $2.5 Million Order From Department Of National Defense
Margins under the contract are expected to be in line with historic levels within the Solutions Division hardware and system sales business.
Plurilock Security last traded at $0.41 on the TSX Venture.
FULL DISCLOSURE: Plurilock Security is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Plurilock Security. The author has been compensated to cover Plurilock Security on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
