PLUR:CC - Plurilock Security Appoints Former White House Lawyer/Senior CIA Officer to Industry Advisory Council

• Bryan Cunningham served as cyber and national security lawyer under Condoleezza Rice, and early advisor to Palantir
• Plurilock will host a webinar to provide a corporate update on Tuesday July 23, 2024

Vancouver, British Columbia--(Newsfile Corp. - July 15, 2024) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ("Plurilock" or the "Company"), a global cybersecurity services and solutions provider, announces the appointment of former White House cyber and national security lawyer, and longtime Palantir Senior Advisor Bryan Cunningham to the Company's Industry Advisory Council.

Mr. Cunningham served as Deputy Legal Adviser to the National Security Council under Condoleezza Rice and was a career CIA officer. He was a principal contributor to the first U.S. National Strategy to Secure Cyberspace and drafted significant portions of the Homeland Security Act and related legislation, helping to shepherd them through Congress.

He is the current Executive Director of the University of California, Irvine's Cybersecurity Policy & Research Institute, was founding vice-chair of the American Bar Association Cyber Security Privacy Task Force and was awarded the National Intelligence Medal of Achievement for his work on information issues. As the principal author of legal and ethics chapters in authoritative cybersecurity textbooks, Mr. Cunnigham is also a frequent media commentator on intelligence, cyber, and national security issues.

"For more than two decades, Bryan has been deeply involved in all aspects of cybersecurity, national security, and privacy and data protection," said Plurilock CEO Ian L. Paterson. "He is an expert in the laws of war and how future warfare will impact both government and private sector security and continuity of operations. Beyond serving his country, Bryan has advised numerous startups and Fortune 500 companies. On behalf of Plurilock and our shareholders, I'd like to welcome Bryan to the Company."

"A global cyber conflict between democracy and authoritarianism is already under way and, make no mistake, government and private-sector critical infrastructure is in our enemies' crosshairs. Cybersecurity now is national security," said Bryan Cunningham. "Plurilock's comprehensive platform, coupled with their unwavering commitment to protecting sensitive systems and information, aligns with my own devotion to safeguarding national security. Their unique ability to offer a scalable platform catering to any organization's needs sets them apart, and their trusted relationships set them up for success. I'm thrilled to join the Industry Advisory Council and contribute to securing our cyber future."

A total of 280,000 options will be granted to certain consultants of the Company pursuant to the Omnibus Plan (which plan is subject to disinterested shareholder and TSXV approvals) with a strike price of $1.03. The stock options are granted for a five-year term from July 12, 2024, and vesting will commence immediately upon obtaining disinterested shareholder approval to the Omnibus Plan.

Plurilock Announces Corporate Update Webinar

Plurilock Security CEO Ian L. Paterson will host a webinar to provide a business update and discuss industry developments followed by a live Q&A. Interested investors and industry professionals can register using the link below.

When: Tuesday July 23, 2024, at 1pm ET / 10am PT

Register: Register for the webinar by clicking on this link here.

A video replay will be available on the Plurilock website in the Investor section.

About Plurilock

Plurilock sells cybersecurity solutions to the United States and Canadian Federal Governments along with Global 2000 companies. Through these relationships, Plurilock sells its unique brand of Critical Services-aiding clients with our expertise to defend against, detect, and prevent costly data breaches and cyberattacks.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the TSX Venture Exchange policies) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

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, and unforeseen events and developments. 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.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/216464