Founders Forum (Inaugural meeting)

Jason Drummond Founder – Virtual Internet, Comms, Nettworks

Jason Drummond started Micromax at 15, distributing computer software through newsagents. At 18, he established IDL Communications Limited, a distributor of cell phones and fax machines. In 1995 Jason established Virtual Internet (UK) Ltd, an online intellectual property protection and web hosting services company. In April 2000 VI combined a £25 million fundraising with a move to the official list of the London stock exchange. In February 2002, VI was acquired in a recommended cash offer by Register.com, Inc., a leading provider of global domain name registration and Internet services.

In 1999 Jason co-founded Xworks Ltd an e-business incubator providing funding, services and business management to businesses operating in the digital economy. In August 2002 Xworks changed its name to Gaming Corporation plc to reflect its focus on its principal business “casino.co.uk”. In March 2005 Gaming Corporation plc raised £10 million in an institutional placing. In May 2005 Gaming Corporation acquired Gambling.com for $20 million; Gambling.com is the global leader in searching casino, poker, and sports betting sites.

In December 2005 Nettworx plc was listed on the London Stock Exchange, the company intends to invest in the fast-growing area of voice, video and data networks. Nettworx raised Net proceeds of approximately £9.4 million. In August 2006 Coms plc was listed on AIM and raised £1.75m. Jason is the Executive Chairman.