• White paper provides detailed guidance to help businesses and organizations to roll out and govern generative AI use without compromising compliance, security, or productivity.
• White paper includes a concise checklist to enable rapid assessment, planning, and discussion.

Vancouver, British Columbia--(Newsfile Corp. - August 1, 2023) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries ("Plurilock" or the "Company"), an AI-driven cybersecurity solutions provider for workforces, is pleased to announce the availability of a new white paper focused on generative AI safety, titled, "Establishing Guardrails for AI."

The white paper provides detailed impact data and practical guidelines to enable businesses and regulated organizations to support the use of generative AI tools in the workplace-without compromising their cybersecurity and productivity. The white paper covers essential governance, security, and technology points for safe generative AI use, including:

• The concrete risks associated with the organizational use of generative AI
• Key corporate stakeholders and stakeholder input to involve in AI strategies
• A framework for establishing generative AI policy and governance
• A framework for identifying, deploying, and configuring AI access controls
• Actionable insights about technology selection and tactics in AI and AI policy rollout

The whitepaper also provides a concise AI guardrails checklist to enable organizations to assess their generative AI governance, security, technology, and overall rollout strategy rapidly. The white paper, provided by Plurilock as a public service to companies and security-conscious organizations, can be downloaded at no cost by visiting https://plurilock.com/ai-whitepaper/.

"Generative AI safety is an urgent concern for many organizations, as the speed at which ChatGPT and Bard have come to market has left many exposed to data leaks, security issues, and governance gaps," said Ian L. Paterson, CEO of Plurilock. "This white paper will help organizations to know where to start-how to see the big picture, build a strategy, select tactics, and ultimately reduce the risks associated with ungoverned adoption. We hope this white paper will be an accessible, practical tool for employers who feel a step behind in navigating the complexities of AI adoption in their workforce."

About Plurilock

Plurilock secures workforces in the age of AI through its Plurilock AI platform, delivering advanced identity, data safety, and guard rails to safely implement AI solutions to commercial and government customers worldwide. With patented artificial intelligence and patented real-time identity confirmation technology, Plurilock AI enables zero-trust architecture and identity threat detection and response capabilities for regulated organizations with remote workforces. Through its Solutions Division, Plurilock aggregates world-class IT services and brings a comprehensive line of products that enable teams across North America and the globe to compute safely in a remote work world.

For more information, visit https://www.plurilock.com or contact:

Ian L. Paterson
Chief Executive Officer
ian@plurilock.com
416.800.1566

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.sedarplus.ca.

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.