News Archive - Hugle International Corp. Liquidation
Hugle International Corp. Liquidation
Microelectronics News, August 30, 1975
A short newsbyte concerning the last call for creditors to make claims
for return of credit granted to Hugle International Corp. Hugle International
was one of the many "try to make a buck on marketing cheap
electronic calculators" businesses that sprung up in the early part of the 1970s,
as commonly-available calculator ICs were put on the market by a number of different
IC manufacturers. It appears that Hugle's calculators never really caught on, with only
a few calculators marketed by the company. It appears that the few different models of
calculators that were offered were OEM clones of other maker's existing
machines, an example being the
Hugle-8, which bears a striking resemblance to the
Commodore US*8, although utilizing
a different calculator chip and providing no fixed decimal point settings.
Along with poor product choices, the company appears to have
also been involved in some questionable stock-related practices that drew the ire
of regulatory entities. The company was forced into
liquidation, with this newsbyte stating the last day for creditors to
file for return of a portion of their outstanding debt being October 10, 1975. The
article states that an optimistic estimate of claimant's return would be about
1/2 of the debt owed.
