Over half a Billion people to use mobile money transfer services by 2014
Source: Juniper Research,
October, 2009
In 2013 almost 300 Billion transactions, worth more than $860 Billion, will be conducted using a mobile phone – a twelve-fold increase in gross global transaction values in just five years
Source: Informa Telecoms & Media,
February, 2009
424 Million consumers will be sending over $157 Billion of personal funds via mobile domestically, whilst a further 73 Million will be sending $48 Billion of funds via mobile internationally
Source: Informa Telecoms & Media,
February, 2009
International mobile money transfer services to exceed $65 Billion by 2014
Source: Juniper Research,
October, 2009
Gross transaction value of mobile payments in the US will reach $25.2 Billion in 2013
Source: Research and Markets,
September, 2009

Patrick Bird

President and CEO

Mr. Bird was founder and President of Isolation Systems, a provider of network security products, from 1979 until 1997. During that time, he managed the development of the first secure microcomputer co-processor which was evaluated for and certified for use by the U.S. Department of Defense. He then conceived, developed and deployed the first commercial VPN (Virtual Private Network) in a team with Cisco Systems. Isolation Systems was sold to Shiva Inc., which was later acquired by Intel. Prior to Isolation Systems, Mr. Bird was with Northern Telecom (now Nortel) in financial and systems management roles.

Lenny Liscio

Vice President and Chief Financial Officer

Mr. Liscio has over 15 years of finance and management experience within the IT solutions and services industry. At Olivetti Canada, he served as CFO and then CEO and coordinated the integration of two large organizations when Olivetti was acquired by Wang Canada. Mr. Liscio has also been CFO of Longview Solutions Inc, an emerging Canadian software provider, ChondroGene Limited, a publicly traded biotech start up, and Constellation Home Builders Inc, a provider of vertical market software solutions to the homebuilder industry.

Jason Hurlbut

Vice President, Global Sales and Business Development

Mr. Hurlbut has extensive experience building sales at young companies. Prior to joining CPNI, Mr. Hurlbut was the Vice President, Sales Development for Chantry Networks, a Siemens Company responsible for the successful launch of Wireless LAN in Asia Pacific, South Africa and Mexico. Mr. Hurlbut initiated Canadian sales for Chantry prior to its acquisition by Siemens. He also spent four years with financial industry sales for Cisco Systems after his previous company ArrowPoint Communications was acquired by Cisco. Mr. Hurlbut launched the Canadian sales for ArrowPoint, generating $3.5M in the first 9 months.

Rustin Carpenter

General Manager, United States

Mr. Carpenter brings to CPNI extensive expertise in the payments and merchant check services space. Mr. Carpenter is a senior executive with a history of managing all aspects of multinational organizations, most recently serving as the Chief Strategy and Business Development Officer at Viewpointe. In addition to senior leadership positions at Andersen Worldwide and Dun & Bradstreet, Mr. Carpenter also served as Senior Vice President and Chief Operating Officer of Certegy Corporation and Vice President and General Manager of American Express Consulting.