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Percival decided to step down as lead developer and product manager, turning his roles over to Kier Darby.v Bulletin 3 was under development for nearly two years as it went from a mere improvement on v Bulletin 2 to a complete rewrite.Initially, it was designed solely as a rewrite of UBB, in PHP using My SQL, and was meant only for their own forum.Other UBB owners expressed interest in the solution, and they offered to sell it to Infopop, but their proposal was rejected.During this time Jeremy Hutchings joined the development team, a.k.a. However, version 3 was finally released in March 2004.Rewriting the entirety of the product, v Bulletin 2 commenced development.Shortly thereafter, Limm became the managing director and Percival the lead developer.

As there was still a demand for the software, Limm and Percival created Jelsoft and released their work as a paid solution, called v Bulletin 1.

After subsequent minor releases of their Software, the two decided to start working on a new version that would be more than a rewrite of UBB: they wanted to turn their software into a competitive solution for forums.