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AlphaCipher Appoints Mr. Mark Hulak SVP Corporate Development

AlphaCipher Acquisition Corporation (d/b/a “Vadium”) today announced the appointment of Mr. Mark Hulak to the Company’s senior executive team as Senior Vice President – Corporate Development. Mr. Hulak brings more than 20 years of corporate development experience with such highly respected companies as Microsoft, Hewlett Packard, BEA Systems, JP Morgan and Goldman Sachs & Co.

“We are extremely pleased that Mark has agreed to join Vadium and lead our corporate development efforts,” said Rod Nicholls, Vadium’s President & CEO. “Mark’s corporate development, and strategic transaction experience in technology mergers, acquisitions and joint ventures make him the ideal choice and natural fit for the Company.”

“I am very excited to be joining Vadium with there being tremendous opportunity in the digital security, privacy and trust market space,” said Mark Hulak, Vadium’s newly appointed Senior Vice President of Corporate Development.

About Mark Hulak

Mr. Hulak has over 20 years of international experience in corporate development, M&A banking and private equity at such firms as Microsoft, BEA Systems, Hewlett Packard, JP Morgan and Goldman, Sachs & Co. He spent 6 years at Microsoft in their Corporate Development Group leading a team supporting various Microsoft business units in acquisitions, investments and divestitures, and managed Microsoft’s China Investment Program. Prior to joining Microsoft, he led the M&A practice at BEA Systems (which was acquired by Oracle) and led a team in Hewlett Packard’s Corporate Development Group. While at JP Morgan he started in the Mergers & Acquisitions department and left the firm in 1996 as a Vice President of Private Equity Investing. He began his career as an Equity Sales & Trading Analyst at Goldman, Sachs & Co. He attended Yale College where he earned a BS with honors in Electrical Engineering (and completed the requirements for a BA in Economics), and Harvard Business School where he earned his MBA.

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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