David Bernardi joined the board of directors in January 2011. Mr. Bernardi has been employed as the Chief Technology Officer of Telesystem Ltd., a Canadian private capital corporation since 2000. Since February 2006, Mr. Bernardi has also been a Managing Partner in two funds managed by ID Capital Management, a company controlled by Telesystem.
In February 2006, Mr. Bernardi became a Venture Partner – Technology in Propulsion Ventures III Fund, a fund managed by Propulsion Ventures which is also controlled by Telesystem and, in September 2010, he became a Managing Partner of Propulsion Ventures. Additionally, Mr. Bernardi currently serves on the board of directors of the following private companies: CVT Corp Transmission Inc., The Fox Group, Inc., and Metafoam Technologies Inc.