This was followed by other well-known startups, notably Cyrus Electronics and later, NXT plc together with Sir Gordon Brunton.
In 1997, together with Daily Mail newspapers, Verity Group Plc., of which Farad was the CEO, founded Eastern Counties Radio.
Later in life, Farad devoted time to philanthropy and, together with his two children; Artemis and Cyrus has founded a UK registered charity, The Azima Foundation of which Lady Henrietta Spencer-Churchill is the President.
Azima's wide cultural interests included the Menuhin International Violin Competition, of which he was a director.
Azima founded the NetScientific Group, where he was Chief executive until January 2015, with Sir Richard Sykes as the chairman.
Additionally, its recently formed sister company, CetroMed Limited, is investing in drug development joint ventures in Europe.