These appointments accelerate EigenQ's execution as it scales its technology platform and commercial operations ahead of the proposed merger with Silicon Valley Acquisition Corp. (Nasdaq: SVAQ).

AUSTIN, Texas, July 28, 2026 /PRNewswire/ -- EigenQ, Inc. ("EigenQ" or the "Company"), a quantum technology company developing hardware and software solutions spanning post-quantum cryptography, quantum random number generation, and hardware-rooted quantum-safe infrastructure, today announced the appointment of Mark Pecen as Vice Chairman and the promotion of Alexander Truskovsky to Chief Information Security Officer $(CISO)$. The appointments further strengthen EigenQ's executive leadership team as the Company expands commercial operations and prepares for its planned public listing.

Having served as an EigenQ Board member and strategic advisor, Mark Pecen now assumes the expanded leadership role of Vice Chairman. A leading authority in quantum-safe technologies, his experience includes foundational work on GSM, GPRS, and EDGE at the European Telecommunications Standards Institute (ETSI), as well as key contributions to 3G UMTS and 4G LTE technologies at Motorola and BlackBerry. In 2013, he co-founded the Quantum-Safe Cryptography Working Group at ETSI and later helped establish ETSI's Technical Committee on Quantum. He has also chaired the Canadian task force on GDPR, led the Quantum Valley Ideas Lab, and served on the advisory board of University of Waterloo's Institute for Quantum Computing (IQC) in Canada.

An inventor holding more than 100 patents, Pecen is an alumnus of the University of Pennsylvania's Wharton School and School of Engineering.

"I've known EigenQ founder Dr. Jesse Van Griensven for more than 20 years, and when he asked whether I could help, there was no hesitation," said Mr. Pecen. "Since joining EigenQ, I've helped build our executive team, strengthen our presence within ETSI, and expand our credibility across the European quantum community. Together with Dr. Van Griensven and Dr. Rosas-Bustos, we've helped position EigenQ as a future leader in the European quantum ecosystem."

"Mark has been instrumental in shaping EigenQ's technology strategy, intellectual property portfolio, and industry relationships since the earliest stages of the Company. His appointment as Vice Chairman reflects both his contributions to date working closely with our research teams and the important role he will continue to play as we scale the business towards becoming a public company", said Dr. Van Griensven, Chairman of EigenQ.

EigenQ Establishes CISO Role

In addition to Mr. Pecen's appointment, EigenQ has promoted Alexander Truskovsky to the newly established position of Chief Information Security Officer, following his successful tenure as Vice President of Cryptography.

Truskovsky will lead EigenQ's information security strategy, cybersecurity governance, security architecture and risk management, while continuing to integrate security and compliance across the Company's products, solutions, and operations. He will also continue to provide strategic input on product design, product security, customer requirements, and product-market fit.

An accomplished inventor, cryptography leader, and enterprise solutions architect, Truskovsky has helped advance EigenQ's technology, security architecture, and product strategy. His promotion to CISO recognizes both his contributions to date and his ability to drive broader impact across the Company.

"In my new role, I look forward to strengthening EigenQ's technology platform, advancing our cybersecurity strategy and intellectual property, expanding relationships with customers and strategic partners, and ensuring security remains at the core of every product we deliver. As organizations prepare for the Quantum Era, they will require trusted infrastructure that secures identities, protects critical data, and ensures the integrity of digital systems," said Mr. Truskovsky.

"Promoting Alexander to CISO reinforces our relentless focus on quantum security," said Dr. José Rosas-Bustos, Chief Executive Officer of EigenQ. "What excites me most is the collective expertise of our executive team. Every member has previously built successful companies or technologies. We are experienced industry veterans doing this because we genuinely believe we can contribute something meaningful to the quantum industry. We are driven by solving difficult problems and translating innovation into real-world impact. We believe the combination of world-class leadership and differentiated technology positions EigenQ for long-term success. These appointments accelerate our ability to execute, scale, and deliver trusted quantum technologies to customers around the world."

About EigenQ

EigenQ is an applied quantum technology company building the trusted infrastructure for the Quantum Era. Headquartered in Texas, USA, the Company develops and commercializes foundational technologies across quantum security, communications, networking, and sensing - helping public and private sectors globally prepare for a future shaped by quantum computing and AI.

Working alongside a global ecosystem of OEMs, technology partners, and industry leaders, EigenQ today delivers deployable, market-ready solutions that combine post-quantum cryptography, quantum-derived entropy, hardware-rooted trust, secure identity, and cryptographic agility to strengthen existing digital infrastructure.

EigenQ has entered into a definitive business combination agreement (the "Business Combination Agreement") with Silicon Valley Acquisition Corp. (Nasdaq: SVAQ) ("SVAQ"). Upon completion of the transactions contemplated by the Business Combination Agreement (the "Business Combination"), the combined company is expected to trade on the Nasdaq Global Market under the ticker symbol "EIGQ," subject to shareholder approval, regulatory approvals, and other customary closing conditions.

For more information, visit www.EigenQ.com.

About Silicon Valley Acquisition Corp.

Silicon Valley Acquisition Corp. (Nasdaq: SVAQ) is a publicly traded special purpose acquisition company organized for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

For more information, visit https://svacquisitioncorp.com.

Important Information About the Proposed Business Combination and Where to Find It

The proposed Business Combination will be submitted to the shareholders of SVAQ for their consideration. A registration statement on Form S-4 (as may be amended, the "Registration Statement") is expected to be filed with the U.S. Securities and Exchange Commission (the "SEC"), which will include preliminary and definitive proxy statements to be distributed to SVAQ's shareholders in connection with SVAQ's solicitation for proxies for the vote by SVAQ's shareholders in connection with the proposed Business Combination and other matters as described in the Registration Statement, as well as a prospectus relating to the securities to be issued in connection with the completion of the proposed Business Combination. After the Registration Statement has been filed and declared effective by the SEC, SVAQ will mail a definitive proxy statement and other relevant documents to its shareholders as of the record date established for voting on the proposed Business Combination.

SVAQ's shareholders and other interested persons are advised to read, once available, the preliminary proxy statement/prospectus and any amendments thereto and, once available, the definitive proxy statement/prospectus in connection with SVAQ's solicitation of proxies for its extraordinary general meeting of shareholders to be held to approve, among other things, the proposed Business Combination, because these documents will contain important information about SVAQ, EigenQ and the proposed Business Combination. This press release does not contain all the information that should be considered concerning the Business Combination and other matters and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. SVAQ and EigenQ may also file other documents with the Securities and Exchange Commission (the "SEC") regarding the Business Combination. Shareholders may also obtain a copy of the preliminary or definitive proxy statement/prospectus, once available, as well as other documents filed with the SEC regarding the proposed Business Combination and other documents filed with the SEC by SVAQ, without charge, at the SEC's website located at www.sec.gov or by directing a request to Silicon Valley Acquisition Corp., 228 Hamilton Avenue, 3rd Floor, Palo Alto, CA 94301.

INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY, NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE PROPOSED BUSINESS COMBINATION PURSUANT TO WHICH ANY SECURITIES ARE TO BE OFFERED OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

Forward-Looking Statements