Plurilock Adds Veteran Multinational Security Leader as Advisor

Victoria, British Columbia--(Newsfile Corp. - October 14, 2020) - 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 the addition of Gaétan Houle as a senior advisor to the company.

A professional engineer with 35 years of security leadership experience, Mr. Houle brings deep expertise to one of Canada's most innovative cybersecurity companies.

Mr. Houle has previously led in a variety of security roles, including senior positions in the Canadian Federal Government, among them Chief Engineer of Communications Security at the Department of National Defence and Director of Corporate Security at the former Department of Foreign Affairs, now known as Global Affairs Canada.

In the private sector, Mr. Houle served as Chief Security Officer for several multinational corporations, including Bombardier Aerospace, Airbus Group, and Bell Canada, where he led the initiative to protect IT and telecom systems for the 2010 Winter Olympic Games in Vancouver, British Columbia. Before joining Plurilock, Mr. Houle most recently served as National Cybersecurity Practice Leader at Ernst & Young Canada.

"Mr. Houle brings over 35 years of security experience to the table and is widely regarded as an expert in the field of cybersecurity," says Plurilock CEO Ian L. Paterson. "The knowledge that he's gained over his career at some of the most prominent multinational organizations in the world will enhance our ability to align with large enterprises, critical infrastructure providers, and regulated industries-three of our most important target markets."

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.

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

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