Press release

Plurilock Retains GSS to Accelerate Government Sales

VICTORIA, BRITISH COLUMBIA—Plurilock Security Inc. (TSXV: PLUR) (“Plurilock” or the “Company”), an innovative cybersecurity company that provides frictionless and continuous authentication using machine learning and behavioral biometrics, this week announced that it has retained outsourced federal sales agency, Government Sales Specialists, LLC (“GSS”) to leverage and optimize Plurilock’s existing federal government processes, assets, and relationships in order to grow Plurilock’s government sales funnel.

GSS expects to deliver new relationships and opportunities for the Company across the civil, defense, and intelligence sectors of the United States Federal Government, where agencies are increasingly seeking to address mission-critical cybersecurity needs. GSS will help Plurilock to develop a new pipeline of prospects, pitch its capabilities to federal mission owners, and close deals to help increase revenue and grow rapidly by capitalizing on the largest technology buyer in the world.

“GSS is a proven partner with a track record of scaling innovative software companies with disruptive technologies in the U.S. federal market,” says Plurilock CEO Ian L. Paterson. “We are delighted to be working with the experienced GSS team as we increase our investment in this key vertical to secure additional government clients.”

The move to retain GSS complements a successful history of Plurilock government sales and collaboration efforts across the United States and Canadian federal governments, most recently including contracts with the U.S. Department of Homeland Security (DHS) and Canada’s Department of National Defence and Canadian Armed Forces (DND/CAF).

About Plurilock

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
ian@plurilock.com

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”) 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.

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