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Plurilock Appoints David Kris, Former Head of the Department of Justice's National Security Division, to Industry Advisory Council

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Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) has appointed David Kris to its Industry Advisory Council. Kris, a co-founder of Culper Partners , brings over 30 years of experience in government, private sector, and academia. He previously led the Department of Justice's National Security Division, overseeing federal espionage and terrorism investigations. Kris has also held key positions at Intellectual Ventures and Time Warner, Inc.

Currently, Kris advises the U.S. Intelligence Community and teaches law to Intelligence Community lawyers. His appointment is expected to bring valuable expertise in intelligence, law enforcement, and security to Plurilock. The company has also granted 20,000 stock options to certain consultants with a strike price of $0.65, subject to TSXV approval.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ha nominato David Kris nel suo Consiglio Consultivo Industriale. Kris, co-fondatore di Culper Partners, vanta oltre 30 anni di esperienza nel governo, nel settore privato e nell'accademia. In precedenza ha guidato la Divisione di Sicurezza Nazionale del Dipartimento di Giustizia, supervisionando le indagini federali su spionaggio e terrorismo. Kris ha anche ricoperto ruoli chiave presso Intellectual Ventures e Time Warner, Inc.

Attualmente, Kris fornisce consulenze alla Comunità dell'Intelligence degli Stati Uniti e insegna diritto agli avvocati della Comunità dell'Intelligence. La sua nomina è attesa per portare preziosa esperienza in intelligence, forze dell'ordine e sicurezza a Plurilock. L'azienda ha anche concesso 20.000 opzioni su azioni a determinati consulenti con un prezzo di esercizio di $0.65, soggetto all'approvazione di TSXV.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ha nombrado a David Kris en su Consejo Asesor Industrial. Kris, cofundador de Culper Partners, aporta más de 30 años de experiencia en el gobierno, el sector privado y la academia. Anteriormente, dirigió la División de Seguridad Nacional del Departamento de Justicia, supervisando investigaciones federales de espionaje y terrorismo. Kris también ha ocupado cargos clave en Intellectual Ventures y Time Warner, Inc.

Actualmente, Kris asesora a la Comunidad de Inteligencia de EE. UU. y enseña derecho a los abogados de la Comunidad de Inteligencia. Se espera que su nombramiento aporte valiosa experiencia en inteligencia, aplicación de la ley y seguridad a Plurilock. La empresa también ha otorgado 20,000 opciones sobre acciones a ciertos consultores con un precio de ejercicio de $0.65, sujeto a la aprobación de TSXV.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) 는 David Kris를 산업 자문 위원회에 임명했습니다. Kris는 Culper Partners의 공동 창립자로, 정부, 민간 부문 및 학계에서 30년 이상의 경력을 가지고 있습니다. 그는 그동안 법무부의 국가안보부를 이끌며 연방 스파이 및 테러리즘 수사를 감독했습니다. Kris는 또한 Intellectual Ventures와 Time Warner, Inc.에서 주요 직책을 역임했습니다.

현재 Kris는 미국 정보 커뮤니티에 자문을 제공하며 정보 커뮤니티 변호사들에게 법을 가르치고 있습니다. 그의 임명은 Plurilock에 정보, 법 집행 및 보안 분야에서 귀중한 전문 지식을 가져다 줄 것으로 기대됩니다. 이 회사는 또한 특정 컨설턴트에게 $0.65의 행사 가격으로 20,000주의 주식 옵션을 부여했으며, 이는 TSXV의 승인을 받을 예정입니다.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) a nommé David Kris à son Conseil Consultatif Industriel. Kris, co-fondateur de Culper Partners, apporte plus de 30 ans d'expérience dans le gouvernement, le secteur privé et le milieu académique. Auparavant, il a dirigé la Division de la Sécurité Nationale du Département de la Justice, supervisant les enquêtes fédérales sur l'espionnage et le terrorisme. Kris a également occupé des postes clés chez Intellectual Ventures et Time Warner, Inc.

Actuellement, Kris conseille la Communauté du Renseignement des États-Unis et enseigne le droit aux avocats de cette même communauté. Son arrivée devrait apporter une expertise précieuse en matière de renseignement, de maintien de l'ordre et de sécurité à Plurilock. L'entreprise a également accordé 20 000 options d'achat d'actions à certains consultants, avec un prix d'exercice de 0,65 $, sous réserve de l'approbation de la TSXV.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) hat David Kris in seinen Industriebeirat berufen. Kris, Mitbegründer von Culper Partners, bringt über 30 Jahre Erfahrung in der Regierung, im privaten Sektor und in der Wissenschaft mit. Zuvor leitete er die nationale Sicherheitsabteilung des Justizministeriums und überwachte bundesweite Spionage- und Terrorismusuntersuchungen. Kris hatte auch Schlüsselpositionen bei Intellectual Ventures und Time Warner, Inc. inne.

Derzeit berät Kris die US-Geheimdienste und unterrichtet Recht für Anwälte der Geheimdienste. Seiner Ernennung wird erwartet, wertvolle Fachkenntnisse in den Bereichen Geheimdienst, Strafverfolgung und Sicherheit zu Plurilock zu bringen. Das Unternehmen hat auch 20.000 Aktienoptionen an bestimmte Berater zu einem Kurs von 0,65 USD gewährt, vorbehaltlich der Genehmigung durch die TSXV.

Positive
  • Appointment of David Kris, a highly experienced security expert, to the Industry Advisory Council
  • Kris brings extensive knowledge in national security, law enforcement, and intelligence
  • Potential for strategic growth and enhanced capabilities in the cybersecurity sector
Negative
  • None.
  • David Kris is a founder of Culper Partners LLC with more than 30 years of experience in government, the private sector, and academia
  • Mr. Kris led the Department of Justice's National Security Division, overseeing federal espionage and terrorism investigations and foreign intelligence surveillance
  • Mr. Kris is a current advisor to the U.S. Intelligence Community

Vancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ("Plurilock" or the "Company"), a global cybersecurity services and solutions provider, announces the appointment of 30-year veteran security lawyer David Kris to the Company's Industry Advisory Council.

David Kris is a co-founder of Culper Partners LLC, a firm specializing in the intersection of public policy, security, geopolitics, and law. Before forming Culper, Mr. Kris held the position of General Counsel at Intellectual Ventures for six years, a privately held invention investment company with more than US$6 billion under management. He also served as the Deputy General Counsel and Chief Compliance Officer at Time Warner, Inc. Currently, Mr. Kris teaches law to U.S. Intelligence Community lawyers and is a University Affiliate at Georgetown University.

In the government sector, Mr. Kris was appointed by the President and confirmed by the Senate to lead the Department of Justice's National Security Division. In this role, he oversaw all federal espionage and terrorism cases, as well as the use of the Foreign Intelligence Surveillance Act. Additionally, he served as a senior advisor to both Republican and Democratic Attorneys General and Deputy Attorneys General. With over eight years of experience as a federal prosecutor, Mr. Kris has a deep understanding of the legal aspects of national security and has received several prestigious awards and medals for his outstanding contributions. Currently, Mr. Kris advises the U.S. Intelligence Community and acts as a friend of the court for the Foreign Intelligence Surveillance Courts.

"In today's world, the private sector is increasingly important to national and international security," said David Kris. "That is why I am so pleased to be joining Plurilock's Industry Advisory Council. The Company's outstanding talent, technology, knowledge, and capabilities will help governments and non-state entities alike to protect themselves from attack. I look forward to the good work ahead."

"David's expertise and experience in intelligence, law enforcement, and security make him an invaluable asset," said Ian L. Paterson, CEO of Plurilock. "With a legal career spanning over 30 years, holding key roles in government, private industry, and academia, he brings a wealth of knowledge and extensive relationships that will be instrumental in forging Plurilock's strategic initiatives."

A total of 20,000 options will be granted to certain consultants of the Company pursuant to the Omnibus Plan, subject to TSXV approval, with a strike price of $0.65. The stock options are granted for a five-year term from September 16, 2024, and vesting will commence immediately.

About Plurilock

Plurilock sells cybersecurity solutions to the United States and Canadian Federal Governments along with Global 2000 companies. Through these relationships, Plurilock sells its unique brand of Critical Services-aiding clients with our expertise to defend against, detect, and prevent costly data breaches and cyberattacks.

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

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

Ali Hakimzadeh
Executive Chairman
ali@sequoiapartners.ca
604.306.5720

Sean Peasgood
Investor Relations
sean@sophiccapital.com
647.953.5607

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

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, and unforeseen events and developments. 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223381

FAQ

Who is David Kris and what is his new role at Plurilock Security Inc. (PLCKF)?

David Kris is a 30-year veteran security lawyer and co-founder of Culper Partners He has been appointed to Plurilock Security Inc.'s Industry Advisory Council, bringing his extensive experience in government, private sector, and academia to the cybersecurity company.

What is David Kris's background and how might it benefit Plurilock Security Inc. (PLCKF)?

David Kris has over 30 years of experience, including leading the Department of Justice's National Security Division and holding key roles at Intellectual Ventures and Time Warner. His expertise in intelligence, law enforcement, and security is expected to be invaluable for Plurilock's strategic initiatives and growth in the cybersecurity sector.

What stock options did Plurilock Security Inc. (PLCKF) grant on September 16, 2024?

Plurilock Security Inc. granted 20,000 stock options to certain consultants with a strike price of $0.65. These options have a five-year term from September 16, 2024, and vesting will commence immediately, subject to TSXV approval.

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