In October 2006 my software was able to register lbe.co.uk within one tenth of a second! of it becoming available to register (a random time on a known date). Three letter domains are very sought after because they are short and memorable. Only a limited amount (17,576) exist and as they were all initially registered many years ago it is rare for one to be deleted. In 2006 a 3 letter domain was the shortest all letter .uk domain you could register as single and double letter domains were not released by Nominet until 2011, so when one becomes available there will be many other people with similar software to mine also attempting to register it. My success therefore proved that my software was competitive enough to develop further.
In recognition of the success I decided to not sell the domain (despite many offers), but instead to keep it for my upcoming business venture into the world of domains. The only problem was that I needed a business name to go with the initials LBE. After getting some feedback from friends relatives etc. the decision was made to use Laughing Banana Enterprises. I am not sure what that tells you about the friends I have or how much alcohol may have played a part in the process, but now several years later I can honestly say that it was a very good decision and people I meet are intrigued enough to ask me what I do and more importantly, they remember the name and website at lbe.uk