Investor Contacts

Bryan Meier
Executive Vice President, CFO
Digiliti Money

Matt Glover or Najim Mostamand
Liolios Group, Inc.

Corporate Stock Transfer, Inc.

Board of Directors

Jeffrey C. Mack Chief Executive Officer, President and Director (Chairman)

Jeffrey C. Mack is our chief executive officer, president and director (chairman), and has served in such capacities since our inception. He has also served in identical capacities at our subsidiary since our subsidiary’s inception. Mr. Mack has significant experience building and managing companies of all sizes and across a variety of industries. Prior to joining our company, Mr. Mack served as a consultant to multiple small businesses, including a business engaged in the sale of banking technology and related services. From January 2003 to September 2008, Mr. Mack served as chairman, CEO and president of Wireless Ronin Technologies, Inc., a leader in dynamic digital signage. In January 1990, Mr. Mack founded and became chairman, CEO and president of Arcadia Financial Ltd. (formerly known as Olympic Financial Ltd.), one of the largest independent providers of automobile financing in the United States. Prior to founding Arcadia Financial, Mr. Mack served as an executive in the commercial banking industry for 17 years.

Darin P. McAreavey - Director

Darin P. McAreavey is a director of our company and has served in such capacity since February 2016. From April 2014 to February 2016, Mr. McAreavey served as our chief financial officer and executive vice president. Prior to that, Mr. McAreavey served as the senior vice president and CFO at Wireless Ronin Technologies, Inc.. Prior to Wireless Ronin, Mr. McAreavey served as CFO for Xiotech Corporation from September 2007 to March 2009. From February 2007 to September 2007, Mr. McAreavey worked for Global Capacity Group as its CFO. In addition, Mr. McAreavey worked for Stellent, Inc. as CFO, executive vice president and treasurer from May 2006 to February 2007 and as the corporate controller from September 2004 to May 2006. Mr. McAreavey has also held other management-level finance positions, including finance director at Computer Network Technology from August 1995 to September 2004. From November 1993 to August 1995, Mr. McAreavey was a supervising senior for KPMG LLP. Mr. McAreavey began his professional career as a senior accountant at Eide Helmeke & Co. from July 1991 to November 1993 and earned a Master of Business Administration from the University of St. Thomas.

Michael J. Hanson - Director

Michael J. Hanson is a director of our company, and has served in such capacity since March 2014. In addition, he has served as a director of our subsidiary since its inception. Mr. Hanson has served as president and CEO of Hunt Electric Corporation since 1996. He began his career at Hunt in 1985 as an assistant project manager and worked his way up through various senior and executive roles until he was promoted to his current position. He became Hunt’s majority stockholder in 2001. Mr. Hanson serves as the governor of the St. Paul Chapter of the National Electrical Contractors Association. He is also a representative and president of the Federated Electrical Contractors. He currently serves as a trustee for Dunwoody College of Technology.

James L. Davis - Director

James L. Davis is a director of our company, and has served in such capacity since March 2014. In addition, he has served as a director of our subsidiary since its inception. Mr. Davis is the president of Davis & Associates, Inc., which he founded more than 30 years ago. Davis & Associates represents the leading-edge lighting and controls manufacturer, providing lighting and controls solutions for customers in the upper Midwest. Mr. Davis also s a private investor and has served as a director on both private and public company boards for more than 20 years. He is currently a director of ProUroCare Medical Inc., a publicly held medical-device manufacturer.

Rod Jardine - Independent Director

Rod Jardine is a director of our company, and has served in such capacity since February 2015. He currently is president of Agile CxO, Inc., an IT management company that helps companies align their IT roadmaps and architecture to business strategy. Mr. Jardine has worked with large payors to change the way they identify risk, manage revenue, maintain compliance, and enhance performance for commercial risk adjustment. Prior to Agile CxO, Mr. Jardine was CIO at TMG Health, where he successfully led the production rollout and implementation of their Medicare platform, TMG Core. Previously, he held executive leadership roles at UnitedHealth Group (UHG), where he led the development of myCustomHealth, their private retiree health exchange. Mr. Jardine was also responsible for UHG’s health services web/consumer engagement strategy and was the chief architect for its $10-billion health services division, OptumHeath, where he guided the development and implementation of the division’s IT enterprise systems.

Ruth Owades - Independent Director

Ruth Owades is a director of our company, and has served in such capacity since June 2016. In 1988, Ms. Owades founded Calyx & Corolla, a fresh-flower catalog and website, and had served as its chief executive officer and chairman from inception through 2000, at which time that company was sold to an investor group. From 1979 to 1987, Ms. Owades served as the chief executive officer of Gardener’s Eden, a gardening tools, furniture and accessories company that was founded by Ms. Owades. In 1983, Gardener’s Eden was purchased by Williams-Sonoma. Ms. Owades currently serves on the board of directors of Northern Trust Western Region, Ultra Capital, diaTribe Foundation and Technion--the Israel Institute of Technology, and previously served as a director of Armstrong World Industries, Deckers Outdoor Corporation, J. Jill Group, Newsy, and Providian Financial. Ms. Owades is a graduate of Scripps College, earned a Master of Business Administration from Harvard Business School, and was recognized by her alma maters with the Distinguished Alumna Award from Scripps and the Alumni Achievement Award from Harvard Business School. Ms. Owades has served on the Board of Dean’s Advisors for Harvard Business School and is a life trustee of Scripps College. In 2009, Ms. Owades was presented with the Fulbright Lifetime Achievement Medal in Washington D.C. Ms. Owades provides advisory and mentoring services to early-stage companies, including helping management establish progress milestones, finalize funding strategies, analyze consumer behavior trends, and explore joint ventures and alternate revenue streams.

Brittany McKinney - Independent Director

Brittany McKinney has more than 20 years of experience in the technology industry, including significant experience with mergers and acquisitions. She is also the chairperson of our audit committee. Ms. McKinney  is a founding partner of Oliver Brave, a management consulting firm that assists clients on strategic initiatives designed to accelerate business performance and increase enterprise value. She was previously president and CEO of Analysts International, a $100-million publicly traded IT staffing and services company. She earlier served in various leadership and operational roles at Fujitsu, BORN Information Systems, Manchester Companies and Accenture. She holds a bachelor’s degree in accounting and a Master of Business Administration from St. Cloud State University.

Jim Spencer - Independent Director

James J. Spencer is a director of our company and has served in such capacity since August 2016. In 2008, Mr. Spencer founded Newsy (, an early mobile, OTTV and online video news service that was acquired by the E.W. Scripps Company in 2014. Mr. Spencer served as the president and CEO of Newsy from 2008 to 2016, and as its chairman of the board of directors from 2008 until the sale of the company in 2014. From 1999 to 2001, Mr. Spencer served as a vice president of content at (formerly known as Ask Jeeves), where he was responsible for all search queries that helped guide the company to be the 15th most trafficked website and through a successful initial public offering. From 1997 to 1998, Mr. Spencer served as the general manager of news and information programming at AOL Inc., a mass media content provider, where he advanced the content, business and partnership operations for one of AOL’s major business units. From 1995 to 1997, Mr. Spencer served as an executive director of partnerships for NBC. From 1990 to 1995, Mr. Spencer served as the general manager of new media at Multimedia, Inc. prior to its sale to Gannett Company, Inc. Mr. Spencer currently serves as a board member on the Reynolds Journalism Institute’s Investment Committee and The Missouri Innovation Center’s Accelerator Investment Committee.

Robin O’Connell - Independent Director

Robin S. O’Connell is a director of our company and has served in such capacity since August 2016. Since September 2015, Mr. O’Connell has been serving as the executive vice president head of growth & partnerships of Uphold, Inc., a cloud-based financial service provider, where he is responsible for revenue generation through B2B partnerships with large multinational corporations and international trading organizations. From January 2014 to August 2015, Mr. O’Connell served as vice president business development of Worldpay, Inc., a payment processing company publicly traded on the London Stock Exchange, where he led all new e-commerce business development activity in North America for large international businesses. From July 2010 to December 2013, Mr. O’Connell served as vice president—business development of BetterFinance, Inc. (formerly Billfloat, Inc.) and led business development and account management for a venture-backed alternative lending startup. From October 2006 to June 2010, Mr. O’Connell served as vice president—business development of Billeo, Inc., where he was responsible for sales and business development for a venture-backed bill payment and e-commerce startup. From 2000 to 2006, Mr. O’Connell served in various capacities at Visa, including as a director, product development and management, where he managed the Visa Bill Payment Initiative, led Visa’s Bill Payment Steering Committee and managed a cross-functional team responsible for all marketing, merchant sales and product development activities.