Plurilock Cited in 2022 Gartner(R) Identity Threat Detection and Response Report

Vancouver, British Columbia--(Newsfile Corp. - November 16, 2022) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries ("Plurilock" or the "Company"), an identity-centric cybersecurity solutions provider for workforces, is pleased to announce that the Company was cited in a 2022 Gartner report, titled "Enhance Your Cyberattack Preparedness With Identity Threat Detection and Response."

Gartner delivers actionable, objective insights to executives and their teams. Its expert guidance and tools enable faster, smarter decisions and stronger performance on an organization's mission-critical priorities.

Gartner has identified PlurilockTM as one of the vendors with Identity Threat Detection and Response (ITDR) capabilities in this report.

According to Gartner, "Conventional identity and access management and security preventive controls are insufficient to protect identity systems from attack. To enhance cyberattack preparedness, security and risk management leaders must add ITDR capabilities to their security infrastructure."1

Plurilock's DEFEND product is a robust ITDR solution that detects and responds to identity threats in real time using invisible behavioral biometrics. DEFEND finds identity risks and spots access attempts by unauthorized users, all without reliance on shared secrets, mobile or biometric hardware, or other conventional strategies. DEFEND can spot intruders and imposters in seconds, even in sessions that were opened using valid credentials and in which no unusual application use or data egress is occurring.

"We are pleased to have been cited in this Gartner report," said Plurilock CEO, Ian L. Paterson. "Our goal is to develop and offer the best-in-class cybersecurity solutions and we intend to continue growing our zero trust technology portfolio to offer protection to companies at risk of falling victims to cyber attacks."

1. Gartner, "Enhance Your Cyberattack Preparedness With Identity Threat Detection and Response", Henrique Teixeira, Peter Firstbrook, Ant Allan, and Rebecca Archambault, October 20, 2022

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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.

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