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AlphaCipher Appoints Mr. Tilo Kunz SVP Chief Business Development Officer

AlphaCipher Acquisition Corporation (d/b/a “Vadium”) today announced the appointment of Mr. Tilo Kunz, to the Company’s senior executive team as Senior Vice President – Chief Business Development Officer. Mr. Kunz brings more 30 years of business development experience in the digital security industry.

“Tilo brings a tremendous amount of industry experience and a global network that will significantly accelerate the commercialization of digital privacy security and trust solutions based on the AlphaCipher Technology Platform worldwide. We are extremely excited that he has chosen to lead our business development team,” said Rod Nicholls, Vadium’s President & CEO.

“The flood of recent disclosures detailing the vulnerability of modern communications systems have sharply increased global awareness of the need for trustworthy digital security and privacy. I look forward to fulfilling these critical needs with Vadium’s technologies,” said Mr. Kunz.

About Tilo Kunz

Mr. Kunz has been in the field of Information Security (INFOSEC) since 1984. While serving in reconnaissance for the Canadian Forces Mr. Kunz utilized the one-time-pad encryption system on which AlphaCipher is based. In 1989 Mr. Kunz started working as an INFOSEC professional in several developing countries, including the Soviet Union (thereafter Russia), China and India. Subsequently, Mr. Kunz focused specifically on protecting digital assets for top Hollywood studios. In 2007, he shifted his efforts to data protection solutions for national security and banking by joining MXI Security. Mr. Kunz has an exceedingly impressive track record in developing business with multiple governments, Global 1000 companies, and key world-class security vendors. Prior to joining AlphaCipher, Mr. Kunz served as President of Belhara Security Solutions, Inc., where he successfully completed product certification in the Russian Federation. Mr. Kunz received a Diploma in Technology (Technical Sales, Marketing Management and Business Administration) from the British Columbia Institute of Technology.

About AlphaCipher Acquisition Corporation

AlphaCipher Acquisition Corporation (D/B/A Vadium) is a development stage company that will be delivering trusted, easy to use and high value solutions to the digital security, privacy and trust problems caused daily by hackers, cyber-thieves and economic espionage artists that compromise computer networks and traditional digital security systems. The Company is a privately held firm headquartered in Seattle, Washington.

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