What Future for the Lynx Now? (Popular Computing Weekly, 31st May-6th June 1984)

What future for the Lynx now?

THE future of the Lynx computer is in jeopardy.

Manufacturer Camputers has asked its accountants to convene a meeting of creditors on June 8th.

Although the company has not ceased trading, 24 members of staff — over half the employees — were made redundant last week.

Managing director Stanley Charles said, “The company has been seeking additional finance for some time, and while one party has expressed an intent to ensure that the Lynx series will continue, no firm offer has been made.

“It is the desire of the directors on everyone’s behalf that owners are found for the project in the period between now and the creditors’ meeting.”

Geoff Sore, Technical director of Computers Ltd, added, “In my opinion, the Lynx will continue — the project isn’t dead yet, and the company is actively looking for means for it to continue.

Camputers is rumoured to have already received a firm offer last week via its solicitors which would reinstate the staff and set out a five year plan for the company. Its solicitors, Turner Kenneth Brown, however, declined to comment on the situation, and directors at Camputers said that there had been no such offer.

Although the three Lynx micros (48K, 96K and 128K) have sold well overseas, particularly in France and Scandinavia, UK sales have been disappointing. It is thought that this has been a major factor in Camputcrs’ financial crisis.