Plurilock solutions to be delivered to a network of financial institutions outside North America
Victoria, British Columbia–(Newsfile Corp. – January 29, 2021) – Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) (“Plurilock” or the “Company”), an innovative cybersecurity company that provides frictionless and continuous authentication using machine learning and behavioral biometrics, is pleased to announce that one of its subsidiaries has entered into a Reseller Agreement with Tantallon Ltd. (“Tantallon”), a UK-based distributor of cyber defence solutions.
Tantallon only delivers innovative technologies that can solve critical business problems. In addition, these technologies must be developed by organizations that exemplify world-class leadership and have top tier clients. Given that Plurilock’s subsidiary and its products fit these criteria, the Company has been selected as one of Tantallon’s exclusive provider of cybersecurity solutions.
Through the agreement, Tantallon will distribute Plurilock’s core authentication solutions to Fortune 1000 clients and government organizations within the financial sector in Europe, the Middle East and Africa.
“We are pleased to announce a Reseller Agreement that will see the extensive distribution of Plurilock solutions on a global scale,” said Ian L. Paterson, CEO of Plurilock. “Our authentication technology has the ability to protect users from data breaches during remote work sessions and we are delighted that Tantallon recognizes its value as a differentiated offering that can adapt to the new work-from-home economy.”
Plurilock is an innovative, identity-centric cybersecurity company that reduces or eliminates the need for passwords, extra authentication steps, and cumbersome authentication devices. Plurilock’s software leverages state-of-the-art behavioral-biometric, environmental, and contextual technologies to provide invisible, adaptive, and risk-based authentication solutions with the lowest possible cost and complexity. Plurilock enables organizations to compute safely-and with peace of mind.
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”) which relate 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, unforeseen events, developments, or factors causing any of the aforesaid expectations, assumptions, and other factors ultimately being inaccurate or irrelevant. 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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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