Executive Summary

Nettworx plc is a newly-incorporated company that intends to invest in the fast-growing area of voice and data networks. The Company has been formed to take advantage of the increasing convergence between voice, video and data, fixed line and mobile networks. Nettworx has assembled a board of experienced technology investors, managers and entrepreneurs that will identify and execute acquisitions as well as providing the requisite skills. The Company is headed by Jonathan Rowland, founder of jellyworks, the internet investment company, and Jason Drummond, founder of Virtual Internet, the web hosting company, and Co-Founder and Chairman of Gaming Corporation, the operator of the world's leading gaming search engine. The executive team is assisted by two high calibre non-executive directors, Charlie Muirhead, the founder of Orchestream, the IP telecoms software company and Nexagent, the telecoms process automation software company, and Julie Meyer, Chief Executive of Ariadne Capital and founder of First Tuesday. In addition Brent Hoberman, co-founder of lastminute.com, has agreed to be a founder shareholder in the business. Nettworx intends to seek the appointment of a senior non-executive chairman early in the New Year, and to recruit further executive directors to the board when appropriate.

 

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