Press release

Plurilock Hosts Exclusive Partner Summit to Discuss Continuous Authentication for Zero Trust

VANCOUVER, BRITISH COLUMBIA—Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries (“Plurilock” or the “Company”), an identity-centric cybersecurity solutions provider for workforces, hosted its first annual Partner Summit on October 20, 2021. The summit was an exclusive event for select top channel partners for Plurilock.

With the growing cyber threat and incidence of high-profile cyber attacks around the world, Plurilock hosted the event to discuss these challenges with channel partners and offer insight into how the Company’s cutting-edge continuous authentication products could help organizations in building a zero trust architecture that protects themselves from these attacks.

The event was a success, bringing together channel partners and stakeholders for a keynote address, live Q&A discussion about cybersecurity topics, product demos to demonstrate the capabilities of Plurilock’s ADAPT and DEFEND solutions, and a product roadmap with upcoming features and functionality for Plurilock’s solutions.

Plurilock ADAPT is a standards-based login multi-factor authentication (MFA) platform that provides an additional, invisible authentication factor using behavioral biometrics, while reducing two-factor authentication (2FA) prompts. Plurilock DEFEND is a continuous authentication platform that offers identity assurance and compromise detection, alerting IT security personnel to potential threats in real time.

“With estimates that cybercrime will cost $6 trillion annually by 2021, according to Cybersecurity Ventures, we felt it was important to engage with our partners to discuss the cybersecurity landscape and demonstrate how we can support them and the organizations they work with,” said Ian L. Paterson, CEO of Plurilock. “We provide solutions that ensure reliable identity assurance and prevent breaches, operate invisibly without user friction, and play a unique role in the establishing of a zero trust architecture.”

About Plurilock
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
ian@plurilock.com
416.800.1566

Roland Sartorius
Chief Financial Officer
roland.sartorius@plurilock.com

Prit Singh
Investor Relations
prit.singh@plurilock.com
905.510.7636

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, 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.

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

  1. https://cybersecurityventures.com/cybercrime-damages-6-trillion-by-2021/