Plurilock Security (PLUR.V) Receives Order from California State Agency

Plurilock Security (PLUR.V) announced today that it has received an order worth USD$180,000 on an existing contract with a California state agency, under the California Multiple Award Schedules (CMAS) agreement.



The CMAS program offers California state agencies access to a variety of offerings, including information technology (IT) products and services, which have been assessed to be fair, reasonable and competitive. Furthermore, the CMAS program is intended to streamline the procurement process by creating a pool of suppliers that an agency can solicit offers from. California is the largest US state, employing over 230,000 full-time employees within its state agencies. With this in mind, being a CMAS provider offers opportunities for Plurilock to continue expansion in the state and local government sector.


Under the CMAS contract order, Plurilock will deliver Proofpoint software for maintenance support to the US state agency. Proofpoint is a leading cybersecurity company focused on protecting people, data, and brands from advanced threats and compliance risks. Proofpoint’s software solutions are able to prevent 99% of attachment-based attacks. Moreover, Proofpoint collects and analyzes more than 100 billion data points a day, from more than 100 million email boxes, 200 million social media accounts, and 7 million mobile apps.


In addition to Plurilock’s latest order, the Company recently signed a contract extension worth USD$120,000 with the US Special Operations Command (SOCOM). The contract was signed under National Aeronautics and Space Administration’s (NASA) Solution for Enterprise-Wide Procurement (SEWP), a US government-wide acquisition contract vehicle (GWAC). According to the terms of the order, Plurilock will provide Atlassian software license renewal and continued maintenance support for the product. Atlassian is an Australian software company that develops products for software developers, project managers and other software development teams.



Plurilock’s share price opened at $0.52 and is currently sitting at $0.52 as of 10:19AM ET. This indicates that there has not been any change following the news.


Full Disclosure: Plurilock is a marketing client of Equity Guru.


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