VICTORIA, BRITISH COLUMBIA—Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries ("Plurilock" or the "Company"), an identity-centric cybersecurity solutions provider for workforces, has received a US$250,000 purchase order from the Naval Surface Warfare Center (NSWC) as part of the National Aeronautics and Space Administration’s (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a U.S. Government-Wide Acquisition Contract Vehicle (GWAC).

The NSWC is part of the Naval Sea Systems Command, the largest of the U.S. Navy’s five system commands, and plays a crucial role in providing technical solutions to the U.S. Navy.1 The purchase order is part of a new contract relationship between Plurilock and the NSWC within the SEWP V program and the latest in a series of new business for Plurilock’s Solutions Division. All contracts and orders signed by Plurilock since April 2021, including the latest order, represent a combined total of US$10.48 million in sales.

According to the purchase order, Plurilock will provide the NSWC with a renewal of their Dell® EMC Unity maintenance support for existing hardware. 

“At a time when data breaches are on the rise, the U.S. administration continues to allocate resources to improve the nation’s cyber resiliency, which creates a high demand for cyber defense products,” said Ian L. Paterson, CEO of Plurilock. “As a result, we are pleased to be able to fulfill the stringent security requirements of a prominent U.S. government organization such as the Naval Service Warfare Center.”

About SEWP

The SEWP V program, launched by NASA in 2015, is the leading information technology (IT) contract vehicle, with government agencies spending $7.9 billion in fiscal 2020.2 Estimates anticipate that agencies will utilize SEWP V for $8.8 billion in contracted spending in fiscal 2021.3 The contract vehicle provides Plurilock with the opportunity to access downstream customers in the government sector.

About Plurilock

Plurilock provides identity-centric cybersecurity for today's workforces. The Plurilock family of companies enables organizations to operate safely and securely while reducing cybersecurity friction. Plurilock offers world-class IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division. Together, the Plurilock family of companies delivers persistent identity assurance with unmatched ease of use.

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

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

416.800.1566

Roland Sartorius
Chief Financial Officer
roland.sartorius@plurilock.com

Prit Singh
Investor Relations
prit.singh@plurilock.com
905.510.7636