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    PLUR   CA5300101071

PLURILOCK SECURITY INC.

(PLUR)
  Report
End-of-day quote Bourse de Toronto  -  2022-06-27
0.2150 CAD   -4.44%
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Plurilock's CEO to Speak on Cybersecurity at 2022 World Outlook Financial Conference

01/27/2022 | 08:37am EDT

VANCOUVER - 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 Ian L. Paterson, CEO of PlurilockTM will speak at the 2022 World Outlook Financial Conference on the Company's cutting-edge zero trust technology and the future of cybersecurity.

The conference will take place on February 4-5, 2022, and in its 32nd year continues to provide Canadian investors with access to independent market analysts and insight from Canadian financial and technology leaders.

During Paterson's presentation, titled 'Identity without Frustration - The Cutting Edge of Cybersecurity', he will discuss the current state of cybersecurity and how Plurilock's zero trust platform can protect enterprises from the growing cyber threat. The presentation will be held on February 5, 2022, at 11:20 AM Pacific Time.

Paterson will be among an esteemed speaker roster of industry experts on investments, the energy markets, technology, and real estate.

'I'm delighted to participate again in this year's World Outlook Financial Conference,' said Ian L. Paterson, CEO of Plurilock. 'With data from Cybersecurity Ventures estimating that information security spending will reach $170.4 billion globally in 2022, we expect strong market growth as enterprises move toward implementing zero trust architecture.'

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.

Contact:

Ian L. Paterson

Tel: 416.800.1566

Email: ian@plurilock.com

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.

(C) 2022 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2021 34,8 M 27,0 M 27,0 M
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 15,4 M 11,9 M 11,9 M
Capi. / Sales 2021 0,44x
Capi. / Sales 2022 0,32x
Nbr of Employees 42
Free-Float 93,3%
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Mean consensus BUY
Number of Analysts 2
Last Close Price 0,22 CAD
Average target price 0,83 CAD
Spread / Average Target 284%
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Managers and Directors
Ian L Paterson Chief Executive Officer & Director
Roland C. Sartorius Chief Financial Officer & Secretary
Robert Kiesman Chairman & Chief Executive Officer
Jord Tanner Chief Technology Officer
Tucker Zengerle Chief Operating Officer
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