This transaction demonstrates the strategic importance of Plurilock's DEFEND Persisted(TM) technology offering.
Vancouver, British Columbia--(Newsfile Corp. - July 5, 2022) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries ("Plurilock" or the "Company"), an identity-centric cybersecurity solutions provider for workforces, announced today that it has received a purchase order from customer service platform provider Agents Only for the Company's Plurilock DEFEND PersistedTM continuous authentication solution.
This transaction represents a major sale of Plurilock's DEFEND PersistedTM technology offering which is a result of cooperation between Plurilock and Absolute Software™ (NASDAQ: ABST) (TSX: ABST), a leader in self-healing endpoint and secure access solutions. Absolute is the only endpoint platform embedded in more than half a billion devices, enabling a permanent digital connection that intelligently and dynamically applies self-healing capabilities to endpoints, applications, and network connections. Absolute's unique Application Persistence-as-a-Service™ (APaaS) platform extends this unbreakable, two-way connection to monitor software applications' health and behavior, and automatically repair or reinstall components when necessary - helping to ensure the highest levels of cyber resiliency for end customers.
"Agents Only has selected Plurilock's DEFEND Persisted continuous authentication solution to deliver true zero trust authentication for our distributed workforce," said Ben Block, Co-Founder and CEO, Agents Only. "Our agents operate on a bring your own device model, which means limited physical access and security controls are available at the endpoint. By implementing DEFEND Persisted, we add tamper-proof continuous authentication for our agents while they are working in our customer's systems, combating identity threats, ensuring compliance with regulations, and providing Agents Only with a competitive advantage in protecting our customer's data. DEFEND Persisted proved during evaluation that it was the only solution out there that actually delivered what we needed."
About Agents Only
Agents Only is a pioneer in the gig customer experience, GigCX, market. Our revolutionary contact center platform connects companies with a global talent pool of professional specialists, in a scale on-demand gig-based service model. This innovative platform is changing the way businesses communicate with their prospects and customers by eliminating wasteful overhead expenses and improving the quality of service with AI-assisted performance-based incentives. Our goal is to enhance the lives of agents around the world while simultaneously providing the right resources for better B2C engagements.
Director of Strategic Partnerships
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
Chief Financial Officer
This press release may contain certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") related to future events or Plurilock's future business, operations, and financial performance and condition. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", 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 in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Plurilock's business. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, the success of the Company in obtaining new or extended contracts or orders; the Company's ability to maintain existing customers or develop new customers; the Company's ability to successfully integrate acquisitions of other businesses and/or companies or to realize on the anticipated benefits thereof; and unforeseen events, developments, or factors causing any of the aforesaid expectations, assumptions, and other factors ultimately being inaccurate or irrelevant. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. Many of these factors are beyond the control of Plurilock. 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 at the date hereof, and Plurilock undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company's business are more fully discussed under the heading "Risk Factors" in its most recent Annual Information Form. They are otherwise disclosed in its filings with securities regulatory authorities available on SEDAR at www.sedar.com.
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