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Plurilock Appoints Ron Wilson, President of Best Buy Canada, to Industry Advisory Council

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Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) has appointed Ron Wilson, President of Best Buy Canada, to its Industry Advisory Council. Wilson brings 35 years of technology sales experience and has been instrumental in Best Buy's adoption of marketplace e-commerce, in-store pickup, delivery, and fulfillment. He led the consolidation of Future Shop into the Best Buy brand in the 2010s and has held senior leadership roles at Best Buy Canada for over two decades.

Plurilock CEO Ian L. Paterson praised Wilson's expertise in technology sales, marketing, and business operations, as well as his ability to capitalize on major industry shifts. The company has also granted 150,000 stock options to certain consultants with a strike price of $2.13, vesting immediately and expiring in five years.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ha nominato Ron Wilson, Presidente di Best Buy Canada, nel suo Consiglio Consultivo Industriale. Wilson vanta 35 anni di esperienza nelle vendite tecnologiche ed è stato fondamentale per l'adozione dell'e-commerce di marketplace, il ritiro in negozio, la consegna e l'evasione degli ordini da parte di Best Buy. Ha guidato la fusione di Future Shop nel marchio Best Buy negli anni 2010 e ha ricoperto ruoli di leadership senior presso Best Buy Canada per oltre due decenni.

Il CEO di Plurilock, Ian L. Paterson, ha lodato l'esperienza di Wilson nelle vendite tecnologiche, nel marketing e nelle operazioni aziendali, nonché la sua capacità di sfruttare i principali cambiamenti del settore. L'azienda ha inoltre concesso 150.000 opzioni azionarie a determinati consulenti con un prezzo di esercizio di $2.13, che si attivano immediatamente e scadono tra cinque anni.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ha nombrado a Ron Wilson, Presidente de Best Buy Canadá, en su Consejo Asesor de la Industria. Wilson aporta 35 años de experiencia en ventas tecnológicas y ha sido fundamental para la adopción de comercio electrónico de marketplace, recogida en tienda, entrega y cumplimiento por parte de Best Buy. Lideró la consolidación de Future Shop en la marca Best Buy en la década de 2010 y ha ocupado roles de liderazgo senior en Best Buy Canadá durante más de dos décadas.

El CEO de Plurilock, Ian L. Paterson, elogió la experiencia de Wilson en ventas tecnológicas, marketing y operaciones comerciales, así como su capacidad para aprovechar los cambios importantes en la industria. La compañía también ha otorgado 150,000 opciones sobre acciones a ciertos consultores con un precio de ejercicio de $2.13, que se otorgan inmediatamente y expiran en cinco años.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF)는 Ron Wilson(Best Buy Canada 사장)을 산업 자문 위원회에 임명했습니다. Wilson은 35년간의 기술 영업 경험을 가지고 있으며, Best Buy의 마켓플레이스 전자상거래, 매장 픽업, 배송 및 주문 처리 채택에 있어 중요한 역할을 해왔습니다. 그는 2010년대에 Future Shop을 Best Buy 브랜드로 통합하는 일을 이끌었으며, Best Buy Canada에서 20년 넘게 고위 리더십 역할을 맡아왔습니다.

Plurilock의 CEO Ian L. Paterson은 Wilson의 기술 영업, 마케팅 및 비즈니스 운영에 대한 전문성과 주요 산업 변화에 적응하는 능력을 칭찬했습니다. 회사는 또한 특정 컨설턴트에게 150,000주식 옵션을 부여했으며, 행사가는 $2.13이며 즉시 부여되고 5년 후에 만료됩니다.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) a nommé Ron Wilson, Président de Best Buy Canada, à son Conseil Consultatif de l'Industrie. Wilson possède 35 ans d'expérience dans les ventes technologiques et a joué un rôle clé dans l'adoption par Best Buy du commerce électronique de marché, du retrait en magasin, de la livraison et de l'exécution des commandes. Il a dirigé la consolidation de Future Shop dans la marque Best Buy dans les années 2010 et a occupé des postes de direction pendant plus de deux décennies chez Best Buy Canada.

Le PDG de Plurilock, Ian L. Paterson, a salué l'expertise de Wilson en matière de ventes technologiques, de marketing et d'opérations commerciales, ainsi que sa capacité à tirer parti des changements majeurs de l'industrie. L'entreprise a également accordé 150 000 options d'achat d'actions à certains consultants avec un prix d'exercice de 2,13 $, qui sont immédiatement acquises et expirent dans cinq ans.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) hat Ron Wilson, Präsident von Best Buy Kanada, in seinen Industrieberatungsausschuss berufen. Wilson bringt 35 Jahre Erfahrung im Technologiebereich mit und war maßgeblich an der Einführung von Marktplatz-E-Commerce, Abholung im Geschäft, Lieferung und Auftragsabwicklung bei Best Buy beteiligt. Er leitete in den 2010er Jahren die Konsolidierung von Future Shop zur Marke Best Buy und hatte über zwei Jahrzehnte hinweg leitende Führungspositionen bei Best Buy Kanada inne.

Der CEO von Plurilock, Ian L. Paterson, lobte Wilsons Fachkenntnisse in den Bereichen Technologievertrieb, Marketing und Unternehmensführung sowie seine Fähigkeit, auf bedeutende Branchenveränderungen zu reagieren. Das Unternehmen hat auch 150.000 Aktienoptionen an bestimmte Berater mit einem Ausübungspreis von $2.13 vergeben, die sofort fällig sind und in fünf Jahren auslaufen.

Positive
  • Appointment of Ron Wilson, a seasoned executive with 35 years of technology sales experience, to the Industry Advisory Council
  • Wilson's expertise in e-commerce, delivery, and fulfillment strategies could benefit Plurilock's business operations
  • Potential for valuable insights from Wilson's experience in major brand acquisitions and integrations
Negative
  • None.
  • Ron Wilson is President of Best Buy Canada and brings decades of technology sales experience to the Plurilock's Industry Advisory Council

  • Wilson led the consolidation of Future Shop into the Best Buy brand in the 2010s and has been instrumental in Best Buy's adoption of marketplace ecommerce, in-store pickup, delivery, and fulfillment

Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ("Plurilock" or the "Company"), a global cybersecurity services and solutions provider, announces the appointment of 35-year technology sales veteran Ron Wilson to the Company's Industry Advisory Council.

Mr. Wilson is currently President at Best Buy Canada, where he has been a senior leader for over two decades. During that time, he led the consolidation of the Future Shop stores and assets into the Best Buy brand and played an instrumental role in many of the most important and successful changes at Best Buy in recent years, including the e-commerce marketplace, delivery and fulfillment, and online sales for in-store pickup.

Mr. Wilson brings a wealth of knowledge to Plurilock from his senior roles in merchandising, operations, marketing, and e-commerce, along with irreplaceable experience in helping major brands to thrive and grow through acquisitions, integrations, and market and industry transformations.

"Ron Wilson is a seasoned executive with a proven track record of capitalizing on major industry shifts to achieve significant results," said Ian L. Paterson, CEO of Plurilock. "His extensive expertise in technology sales, marketing, and business operations will be invaluable to our team, along with his unique ability to achieve what others deem impossible—a quality we deeply appreciate at Plurilock."

A total of 150,000 options will be granted to certain consultants of the Company pursuant to the Omnibus Plan, subject to TSXV approval) with a strike price of $2.13. The stock options are granted for a five-year term from August 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/220348

FAQ

Who is Ron Wilson and why is his appointment significant for Plurilock Security Inc. (OTCQB: PLCKF)?

Ron Wilson is the President of Best Buy Canada with 35 years of technology sales experience. His appointment to Plurilock's Industry Advisory Council is significant due to his extensive expertise in technology sales, marketing, and business operations, which could provide valuable insights for Plurilock's growth and strategy.

What specific experience does Ron Wilson bring to Plurilock Security Inc. (OTCQB: PLCKF)?

Ron Wilson brings experience in leading the consolidation of Future Shop into Best Buy, implementing e-commerce marketplace strategies, improving delivery and fulfillment operations, and managing online sales for in-store pickup. His expertise spans merchandising, operations, marketing, and e-commerce.

Has Plurilock Security Inc. (OTCQB: PLCKF) issued any stock options in connection with recent appointments?

Yes, Plurilock has granted 150,000 stock options to certain consultants with a strike price of $2.13. These options have a five-year term from August 16, 2024, and vest immediately, subject to TSXV approval.

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