Plurilock Security Inc. and related subsidiaries has received a CAD 672,000 multi-year purchase order from a partner on behalf of a leading overseas financial institution. After an extensive product evaluation, Plurilock's DEFEND product was selected to be purchased for the financial institution's cyber defense infrastructure. Overview of DEFEND's Product Evaluation: Total number of product evaluation users - 30 Total duration of evaluation - 180 days Average detection time during evaluation - approximately 1 minute Per the purchase order, the institution will receive a three-year subscription to Plurilock's continuous authentication DEFEND product for a fixed number of end-users. The revenue to Plurilock is expected to total CAD 213,978 per year for a three-year term and a one-time deployment and setup cost of CAD 30,072. The order also includes ongoing maintenance support.