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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.