GlobeNewswire Inc | Jun 16, 2021 09:00AM EDT

June 16, 2021

CyberloQ advanced the Advisory Board Panel with strategic Banking Executive

Sarasota, Florida, June 16, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- CyberloQ Technologies, Inc. (OTC PINK: CLOQ) of Sarasota, Florida is assembling a panel of very significant industry players to assist CyberloQ in marketing their one-of-a-kind patented platform for preventing cyber fraud.

Chris Jackson, Chief Executive Officer, stated, We are excited to have a seasoned Bank Executive like Mr. Joe Lind who thoroughly understands how a Bank runs, but also understands how to acquire a customer and keep them.

Joe has over 30 years of financial industry experience working for a national ITcompany that provides software solutions to banks and credit unions. He also was President/CEO of a large credit union for over 19 years that grew over 150% in his tenure.

Stated Joe Lind, With my background in the financial services business Im excited in how the CYBERLOQ software can help Banks and Credit Unions grow their business relationships. Our product is easy to use with 100% online updatingand the best in security protection.

In addition, CyberloQs first product TurnScor can help credit challenged and the underserved customers build their credit scores. The Company is assembling a robust team to bring CyberloQ to market; I am thoroughly excited to be a part of that effort.

About CyberloQ Technologies Inc.

CyberloQ Technologies Inc. (OTC: CLOQ) secures clients sensitive data and valuable information with a patented, aggressive and proactive approach. CyberloQ's advanced authentication algorithms, private blockchain and industry-leading geofencing capabilities give clients complete control of their data for real-time authentication and dedicated fraud protection. For more information, visit https://CyberloQ.com/.

About TurnScor

TurnScor helps consumers fix their credit scores by helping them apply the Fair Credit Reporting Act to verify the accuracy of their credit reports across all three agencies. TurnScor removes the need for consumers with no or low credit scores to work with attorneys and other firms to build or repair their credit. For more information, visit https://turnscor.com/.

Forward-Looking Information

This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "expect", "project", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visitwww.sec.gov.

CLOQ Contact: Chris Jackson Tel: 1.612.961.4536 Email:info@cyberloq.com