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Mr. Olson is a highly accomplished entrepreneur and public company executive with a proven track record of having founded, restructured and operated various companies from start-up stage to mature public company.
Mr. Olson was recently the Chief Operating Officer of privately held Airborne Entertainment, where in addition to making an investment he was responsible for the day-to-day operations of the mobile content publisher. During his tenure, the company's market capitalization increased from $25 million in 2004 to $100 million, when it was sold in July, 2005.
Prior to his tenure at Airborne Entertainment, Mr. Olson engineered the purchase of the internet payment processing division of BCE Emergis, a leading provider of electronic commerce solutions, and subsequently guided it to becoming a public company which was re-organized and renamed Surefire Commerce, where he became the Chief Executive Officer from 1999 to 2002. During that time period, Surefire became a leading provider of payment processing solutions for both the internet gaming and online shopping verticals.
In 1998, he oversaw a merger of Bell Canada's electronic commerce division into IMPACT Immedia, which saw the creation of BCE Emergis, a company whose revenue grew from $35 million to $500 million and whose market capitalization grew from $200 million to $18 Billion over a 3 year period. In 1995, he co-founded Totalnet, Inc., an internet service provider which grew to become Canada's largest, private ISP before it was sold to IMPACT Immedia, a public company, in 1996. He subsequently held the role of Chief Operating Officer and developed the company's e-commerce business. | 