Mr. Ian Paterson reports

PLURILOCK ADDS ADM JAN TIGHE TO ADVISORY BOARD

Plurilock Security Inc. has appointed Dr. Jan E. Tighe, retired U.S. Navy Vice-Admiral, has been appointed to the company's advisory board.

Dr. Tighe was commissioned as a cryptologist and graduated from the Naval Postgraduate School in Monterey, Calif., with a master of science in applied mathematics and a doctorate in electrical engineering.

Over a 20-year federal career, Dr. Tighe served as the deputy chief of naval operations for information warfare, director of naval intelligence, fleet commander of the U.S. Fleet Cyber Command and deputy director of operations in the U.S. Cyber Command. As a managing director and technology leader on the corporate board of the U.S. Navy, Dr. Tighe was responsible for providing digital expertise and planning to support core infrastructure, many thousands of aircraft and seacraft, and hundreds of thousands of federal employees.

As a senior leader and seasoned cyberoperations expert, Dr. Tighe has followed her storied national service career by sitting as an independent director on the boards of Goldman Sachs, IronNet Cybersecurity, Progressive Insurance and Huntsman Chemical.

"Plurilock's use of AI [artificial intelligence] for identity assurance is quite compelling as they seek to deliver innovative authentication solutions that can protect against both insider and cyberthreats," said Dr. Tighe. "Given that Plurilock's authentication technology is designed to solve many of today's cyberrelated problems, I am excited to assist this groundbreaking company in bringing their technology to a wider audience."

"We are delighted to have Dr. Jan Tighe on board at Plurilock, where her guidance in mission-critical cybersecurity work will be vital in expanding our outreach to security-conscious enterprises across North America," said Ian L. Paterson, chief executive officer of Plurilock. "With our company currently in growth phase, having a retired vice-admiral on our advisory board will enable us to establish a stronger presence in the North American and federal government verticals."

Plurilock granted Dr. Tighe an option to acquire 50,000 shares at an exercise price of 50 cents per share and vesting over three years from the date of grant.

About Plurilock Security Inc.

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 behavioural-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.

We seek Safe Harbor.