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November 21, 2024

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Plurilock Security (PLUR.V) draws former U.S. Navy Vice Admiral to their advisory board

Plurilock Security (PLUR.V) added Dr. Jan E. Tigh, a retired U.S. Navy Vice Admiral, to their advisory board today, according to a press release.

Originally commissioned as a cryptologist, Doctor Tigh graduated from Naval Postgraduate School in Monterey, California with a Master of Science in Applied Mathematics and a Doctorate in Electrical Engineering. Her extensive CV has her serving in positions such as Deputy Chief of Naval Operations for Information Warfare, Director of Naval Intelligence, Fleet Commander of the U.S. Fleet Cyber Command, and Deputy Director of Operations in the U.S. Cyber Command.

She’s also been a managing director and technology leader on the corporate board for the U.S. Navy. After which, she sat as an independent director on the boards of Goldman Sachs, IronNet Cybersecurity, Progressive Insurance and Huntsmen Chemical.

“We are delighted to have Dr. Jan Tighe onboard at Plurilock where her guidance in mission critical cybersecurity work will be vital in expanding our outreach to security conscious enterprises across North America. With our company currently in growth phase, having a retired Vice Admiral on our advisory board will enable us to establish a stronger presence in the North American and Federal Government verticals,” said Ian L. Paterson, CEO of Plurilock.

Plurilock is cybersecurity company with a technological focus on the reduction or elimination of the need for passwords, extra authentication steps or extraneous devices required for authentication purposes. Their software uses behavioural-biometrics, environmental and contextual technology to provide flexible, risk-based and low-cost authentication solutions.

Plurilock granted Dr. Tighe an option to acquire 50,000 shares at an exercise price of $0.50 per share and vesting over three years from the date of grant.

Source: stockwatch.com

Plurilock is up $0.07 on the day, and now trading at $0.57. Given that they were at $0.40 as of January 1, that’s a growth rate worth watching.

—Joseph Morton

Full disclosure: Plurilock Security is an equity.guru marketing client.

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