Mr. Ian Paterson reports
PLURILOCK ANNOUNCES U.S. FEDERAL AND STATE DATA CENTER SALES TOTALING CAD$1.1 MILLION AND PAYMENT OF DEBENTURE INTEREST
Plurilock Security Inc. had sales of data centre buildout and security technology to U.S. federal and state government customers totalling $1.1-million.
The orders include cybersecurity software for a California State Legislature data centre, comprising end point detection and response (EDR), data security, and application control along with three years of support; high performance server components for the Defense Information Systems Agency (DISA) of the U.S. Department of Defense; and data centre infrastructure support and service plans for the U.S. Federal Trade Commission.
"Plurilock and its Aurora subsidiary have served U.S. state and federal government customers for over 35 years," said Ian L. Paterson, chief executive officer of Plurilock. "These orders illustrate Plurilock's continued ability to serve every layer of government across the entire modern data centre stack."
As with prior contracts, Plurilock expects fulfilment costs and gross margin profiles to remain consistent with historical performance as disclosed in its latest MD&A (management's discussion and analysis). Further details with respect to the terms of the contract are subject to confidentiality and non-disclosure.
Pursuant to the indenture between the company and Computershare Trust Company of Canada dated Sept. 20, 2022, the 10 per cent unsecured convertible debentures in the principal amount of $275,000 previously issued on Sept. 20, 2022, along with the indenture between the company and Odyssey Trust Company dated Oct. 30, 2025, the 10 per cent unsecured convertible debentures in the principal amount of $3-million previously issued on Oct. 30, 2025, the company will issue common shares in satisfaction of interest payments on the outstanding debentures. The company will issue an aggregate of 682,688 common shares at the deemed share price of 13 cents, being the closing market price on June 29, 2026, to holders of the debentures in satisfaction of an aggregate of $88,750 in interest payable as of June 30, 2026.
About Plurilock Security Inc.
Plurilock is a services-led, product-enabled, artificial-intelligence-native cybersecurity company that solves complex cyber problems in high-stakes environments where failure is not an option. Trusted by Five-Eyes governments, North Atlantic Treaty Organization-aligned agencies, and Global 2000 enterprises, the company defends critical infrastructure and safeguard the systems that power modern life. The company's critical services division delivers operational resilience through unmatched expertise, proprietary IP and AI-driven playbooks.
We seek Safe Harbor.
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