Phyllis Newhouse has served as our CEO since inception. Ms. Newhouse is known as a pioneer in cybersecurity. Ms. Newhouse is an entrepreneur, retired military senior non-commissioned officer, mentor, founder and CEO of XtremeSolutions, Inc., an Atlanta-based cybersecurity firm (“XSI”), and a founder, CEO and a director of Athena Technology Acquisition Corp., a blank check company focused on identifying acquisitions of business in technology, direct to consumer and fintech industries. While serving in the United States Army on various assignments, Ms. Newhouse focused on national security and worked on several projects, which outlined the Cyber Espionage Task Force. After her service in the army, Ms. Newhouse founded XSI in 2002, which offers a wide range of IT expertise and provides industry leading, state-of–the-art information technology and cybersecurity services and solutions. XSI has employees in 42 states, with 40% of its workforce made up of veterans. In 2019, Ms. Newhouse founded ShoulderUp, a nonprofit dedicated to connecting and supporting women in their entrepreneurial journeys. 

Grace Vandecruze has served as our CFO since inception. Ms. Vandecruze is the Founder and managing director at Grace Global Capital LLC, a consulting firm providing M&A financial advisory, restructuring, and valuation to insurance executives, boards and financial regulators since 2006. From August 1999 to December 2006, she served as a managing director at Swiss Re, a Swiss reinsurance company, where Ms. Vandecruze was responsible for the firm’s regulatory advisory practice in the insurance and financial services industries.

(Note: ShoulderUP Technology Acquisition Corp. upsized its SPAC IPO at pricing on Nov. 16, 2021, to 26.5 million units, up from 25 million in the prospectus, at $10 each to raise $265 million.)