[January 21, 2015]

AlphaCipher Appoints Mr. John Wobensmith Vice Chairman of Its Board of Directors

AlphaCipher Acquisition Corporation (d/b/a "Vadium") (the "Company") today announced it has appointed Mr. John Wobensmith as Vice Chairman of its Board of Directors. In the 40 years Mr. Wobensmith has worked in the national intelligence, he was the recipient of the National Intelligence Distinguished Service Medal, and during the Reagan administration he served as Chief of Staff for the Communications and Computer Security Organization at the National Security Agency (News - Alert), working directly with the White House in reviewing, protecting and securing White House and Presidential communications. Mr. Wobensmith's specialized knowledge and experience will help Vadium navigate the growth of business into key organizations and markets and deliver the permanent security solutions needed to enable worldwide customers to safeguard the confidentiality and integrity of digital content.

"Mr. Wobensmith possesses a privileged and valuable knowledge of the challenges faced by sovereign governments," said Rod Nicholls, Vadium President and Chief Executive Officer. "He has fought to maintain digital privacy, security and trust at the highest level. It is a privilege to work closely with him as we expand our business into several key geographies."

"The cyber security landscape changes daily but the need for privacy, security and trust remains the same. Leaders and governments need to be 100% confident that thei communications are private, restricted and protected. Vadium's implementation of permanent security solutions situates them uniquely within the community of specialists fighting the privacy battle on behalf of worldwide leaders every single day," added Mr. Wobensmith.

"Mr. Wobensmith has seen the privacy war from the inside. He knows more than he can share and we are thankful for the leadership and insight he brings to the Board. His network in the global, national and international intelligence community will play a key role going forward," added José Antonio Ríos, Vadium Chairman of the Board.

Today it is clear that existing security solutions cannot be trusted to ensure that digital information and communications are private and secure. IT leaders remain cautious about how to safely manage the data and communications their businesses and organizations rely upon. Vadium's focus on developing unique and easy to use permanent privacy, security and trust solutions that deliver superior security performance ideally positions the Company to address a large and growing worldwide market.

About Mr. John Wobensmith

Mr. John Wobensmith has over 40 years of experience in the national security field, specializing in intelligence, emergency operations, communications and computer security, and as technical, legislative, diplomatic and corporate liaison. During the Reagan administration, Mr. Wobensmith was Chief of Staff for the Communications and Computer Security Organization at the National Security Agency, in which capacity he worked directly with the White House in reviewing, protecting and securing White House and Presidential communications. From 1991 to 1993, Mr. Wobensmith supported the White House in the field of emergency operations as the Deputy Director of the Office of Emergency Operations (Senior Executive Service, SES (News - Alert)-4). He received the Secretary of Defense Meritorious Civilian Service Award for this work. From 1993 to 1997, Mr. Wobensmith managed the U.S. Department of Defense Technical Liaison Office in Ankara, Turkey. He retired from the U.S. Government in July 1997 and is a recipient of the National Intelligence Distinguished Service Medal.

About AlphaCipher Acquisition Corporation

AlphaCipher Acquisition Corporation (D/B/A Vadium) is a growth stage company that will be delivering trusted, easy-to-use and high-value solutions to the digital privacy, security and trust challenges that are compromising communication and information networks daily caused by hackers, cyber-thieves and economic espionage experts. The Company is a privately held firm with headquarters in Seattle, Washington.

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