Plurilock - CEO, Ian Paterson.
CEO, Ian Paterson.
Source: LinkedIn.
  • Plurilock (PLUR) has secured a Plurilock DEFEND order with a California-based pension fund
  • Plurilock DEFEND uses micro-patterns in a person’s keystroke and pointer behaviour to continuously confirm their identity
  • The pension fund will pay a monthly subscription for the solution based on a fixed number of end-users
  • The order also includes ongoing maintenance support
  • Plurilock provides identity-centric cybersecurity solutions for today’s workforces
  • Plurilock (PLUR) is up by 13.46 per cent trading at $0.295 per share

Plurilock (PLUR) has secured a Plurilock DEFEND order with a California-based pension fund.

The company’s wholly-owned subsidiary, Aurora Systems Consulting, will oversee the order as the pension fund is an existing client.

Plurilock DEFEND is an identity authentication solution that uses micro-patterns in a person’s keystroke and pointer behaviour to continuously confirm their identity.

The pension fund will pay a monthly subscription for the solution based on a fixed number of end-users. The order also includes ongoing maintenance support.

Plurilock contracts and orders announced since January 1, 2022, total approximately US$5.28M in sales.

“We are pleased to report the completion of our first cross-sale of Plurilock’s cutting-edge DEFEND solution,” said Ian L. Paterson, CEO of Plurilock. “This order highlights the strategy we developed following the acquisition of Aurora in April 2021, where we first acquire profitable cybersecurity companies with prominent customers, and then leverage those distribution channels to cross-sell our high-margin proprietary products.”

“We will continue to identify new cross-selling opportunities and vigorously work towards signing new purchase orders for our advanced zero-trust identity technology,” he added.

Plurilock provides identity-centric cybersecurity solutions for today’s workforces.

Plurilock (PLUR) is up by 13.46 per cent trading at $0.295 per share as of 10:48 am EST.

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