Former Raytheon and Booz Allen Executive to Lead Margin Expansion Strategy

Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ("Plurilock" or the "Company"), a global cybersecurity systems integrator, announces that Michael Ruiz has been appointed as its new Chief Technology Officer (CTO) and promoted to General Manager of Critical Services ("PLCS"), effective September 26, 2025.

In this dual executive role, Mr. Ruiz will lead Plurilock's margin expansion strategy by scaling its high-value Critical Services business across North America and allied international markets. He will oversee proposal and capture management for large-scale public sector and defense opportunities while accelerating expansion of Plurilock's solutions within U.S., Canadian, NATO, and commercial markets.

Mr. Ruiz brings more than 20 years of experience in cybersecurity, defense technology, and digital transformation, holding senior roles at Honeywell, Raytheon, Booz Allen Hamilton, and Deloitte. Earlier in his career, he served as a U.S. Army Signals Intelligence Analyst. He has conducted doctoral-level research in artificial intelligence and machine learning ("AI/ML") for cybersecurity and malware detection and holds a master's degree in computer and information systems security. His appointment was facilitated through Plurilock's Board and advisory board network, leveraging their deep industry relationships.

"Michael's appointment is transformative for our Critical Services business," said Ian L. Paterson, CEO of Plurilock. "He brings a proven track record of winning nine-figure RFPs and leading mission-critical programs at scale. His expertise aligns perfectly with our strategy of expanding high-margin Critical Services and strengthening our position as a trusted cybersecurity partner to allied governments and global enterprises. We are confident Michael will accelerate our growth and deepen our presence in both defense and commercial sectors."

"I'm excited to step into this role at Plurilock, where the combination of cutting-edge products and mission-driven services creates real impact for customers in high-stakes environments," said Michael Ruiz. "Plurilock's ability to pair innovative software with deep consulting expertise is exactly what federal agencies and critical infrastructure operators need as they modernize and defend their systems. I look forward to applying my experience in federal cybersecurity and advanced analytics to strengthen our work across Canada, the U.S., and allied markets, helping clients protect what matters most while accelerating how we deliver value."

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About Plurilock

Plurilock is a services-led, product-enabled, AI-native cybersecurity company that solves complex cyber problems in high-stakes environments where failure isn't an option. Trusted by Five-Eyes governments, NATO-aligned agencies, and Global 2000 enterprises, we defend critical infrastructure and safeguard the systems that power modern life. Our Critical Services division delivers operational resilience through unmatched expertise, proprietary IP, and AI-driven playbooks.

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

Ian L. Paterson
Chief Executive Officer
[email protected]
416.800.1566

Ali Hakimzadeh
Executive Chairman
[email protected]
604.306.5720

Sean Peasgood
Investor Relations
[email protected]
647.953.5607

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the TSX Venture Exchange policies) accept 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/268624

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