Jason Drummond started Micromax his first venture, at the age of 15, distributing computer software through newsagents.
At 18, he established IDL Communications Limited, a distributor of cell phones and fax machines. He spent approximately three years outside the UK, establishing and running distribution and new media companies in emerging markets such as Russia and Africa and returned to the UK in 1995, prior to establishing Virtual Internet (UK) Ltd, an online intellectual property protection and web hosting services company.
Virtual Internet plc (VI) listed on the AIM market of the London stock exchange in January 1999 and became the first web hosting company to list on a primary European market. 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. (Nasdaq: RCOM), a leading provider of global domain name registration and Internet services.
In September 1999 Jason Drummond co-founded Gaming Corp. Gaming Corporation plc (LSE:GMC) listed on the AIM market of the London stock exchange in April 2001. 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 October 2006 Gaming Corporation plc changed its name to Media Corporation plc (AIM:MDC) to reflect the fact that the Company generates its entire operating profit from its portals and advertising businesses.
In October 2000 Jason Drummond came up with the concept for a new top level domain name (TLD) and established RegistryPro to jointly bid with Register.com for .pro. In May 2002 RegistryPro (www.registrypro.com) signed its contract with the Internet Corporation for Assigned Names and Numbers (ICANN) the organisation that administers global domain names; under which it will operate the registry for the new top level domain (TLD) .pro.
In December 2005 Nettworx plc was listed on the London Stock Exchange (LSE:NTWX) 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. Jonathan Rowland and Jason Drummond, are joint executive directors of Nettworx.
Jason Drummond founded Coms plc in 2000. In August 2006 Coms plc was listed on AIM (LSE:COMS). Coms plc provides a range of Voice Over IP (VoIP) and convergent services such as video calling and IP Centrex to small to medium sized business. Jason Drummond is the Executive Chairman and largest shareholder.
Since October 1998 Jason Drummond has directly raised over £130m of cash on over £400m (deal value).
About Media Corporation plc (AIM:MDC)
http://www.mediacorpplc.com/
Listed on the London Stock Exchange, Media Corp, is a leading internet media and advertising company focused on search, publishing and media sales. The company has three principal divisions:
  • Search - The vertical search specialists – building sector specific search engines for advertisers to communicate in a highly targeted environment with their particular audience. All of our Search and Media products are powered by our own high performance proprietary technology. We can therefore partner with your online businesses to offer "White Label" services across a number of key vertical markets.
  • Publishing - Media Corp has a diverse publishing division ranging from online to printed media. Our impressive stable of websites includes a number of market leading sites including www.onthebox.com, www.casino.co.uk.
Media - Eyeconomy was formed in 1996, and is a separate operating division of Media Corporation. Eyeconomy specialises in the various sectors of online marketing and advertising, such as online media planning and buying, as well as managing online media campaigns for clients including AOL, Dell and American Express.
About Coms plc
http://www.coms.com/
Coms was founded by Jason Drummond in 2000 with the vision of using the Internet to carry and deliver voice telephone calls. Unlike Skype, Coms is based upon the industry standard SIP protocol which enables the widest possible connection of customers, devices and integrated Web 2.0 applications. Coms subscribers can make high quality calls over the internet wherever a high-speed internet connection is available including in wireless hotspots. Coms subscribers can also select their own free telephone number. Ofcom has allocated Coms 2 million numbers in the top 178 UK geographic area codes by population which Coms subscribers can choose from. In addition, Coms can transfer a company’s existing telephone number to their service. Subscription is available in a range of packages from the Company’s website http://www.coms.com/.
As well as the obvious cost saving implications for businesses and consumers, the expanding market will enable Coms to develop and offer innovative new convergent services such as video calling, IP Centrex, location independence and online presence. It is these new innovative features, alongside the cost saving benefits that are likely to encourage customers away from traditional PSTN systems and combine their broadband service and voice calling system.
Coms launched its consumer service in October 2006, and recently acquired ExchangeXT, a leading provider of business VoIP services, to enable Coms to enter the SME market.
Coms is an Ofcom authorised Public Electronic Communications Network (PECN) and a member of the Internet Telephony Service Providers Association (ITSPA).
Coms plc joined the AIM market of the London Stock Exchange on 6 September 2006 (AIM:COMS).