infrastructure including fully-integrated mobile payments capabilities, today announced that Don Bloodworth has joined the company as its Chief Financial Officer. Bloodworth is a seasoned executive leader with deep experience in finance and operations, along with diverse technology skills and industry knowledge across a broad array of industries.

In his new role, Bloodworth will lead Tyfone’s finance and accounting disciplines while providing guidance on a wide variety of operational matters. Based in Tyfone’s Portland, Oregon headquarters, he will oversee the company’s finances and operations on a global basis including Tyfone’s offices in Bangalore and Taiwan.

“Don’s experience in building and leading high-performance finance organizations is a tremendous asset to our organization as we continue to experience powerful growth and market acceptance for our pioneering technologies,” said Thomas Spitzer, CEO of Tyfone. “We’re delighted to gain the experience and proven leadership of a talented executive of Don’s caliber at such a critical period of growth for our organization.”

Before joining Tyfone, Bloodworth served as an investor and consultant to emerging stage companies including Vancouver, Washington-based Techjet Imaging, which was recently named the fastest growing company in Southwest Washington. Previously, he served as CFO and COO of Medicalogic/Medscape and CFO of GST Telecommunications, where he successfully led the company’s sale to Time Warner Telecom.

Bloodworth began his career as a CPA at Deloitte and Touche before moving to PacifiCorp, a diversified electric utility, where he spent over 16 years in various senior positions within their corporate finance group. At PacifiCorp, he also held senior leadership roles in their telecommunications and financial services subsidiaries, including financial responsibility for the company’s Australian investment. Mr. Bloodworth also served as Corporate Controller at AirTouch Communications (now part of Verizon Wireless) and at 3Com Corporation during the spin-off and IPO of Palm.

Bloodworth earned his CPA designation from the State of Oregon and holds a Bachelor's in Accounting from Portland State University, Portland, Oregon.

“The world is moving rapidly to transition our personal banking and payment systems to the mobile platform and Tyfone’s innovative U4IA-SD memory card technology is a true breakthrough in helping to realize the potential of mobile financial services,” said Don Bloodworth. “I am excited to be a part of the team that is delivering this, and other exciting innovations, to financial institutions and end-users around the world.”

About Tyfone:

Tyfone provides mobile financial services infrastructure that encompasses a comprehensive mobile banking solution along with contactless mobile payment capabilities and fully integrated security features. Tyfone’s one-of-a-kind memory card technology significantly expands the universe of NFC-capable mobile phones as a result of patent-pending breakthroughs that combine an NFC chip, a miniature antenna and security/authentication features on a Flash memory card that works in any standard mobile phone memory slot. Tyfone enables device- and carrier-independent mobile services under the issuer’s own brand, empowering financial institutions around the world to help create the future of money and mobility.

Information Source:    Business Wire

Image courtesy of Tyfone website