We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,258 News Articles

British e-reader firm Interead in liquidation

But Cool-er range still on sale at Tesco & Argos

British e-reader maker Interead's products are still being sold in UK stores, even though the company was wound up in Liverpool County Court over a month ago. The company was served a winding-up order by Clerkenwell-based PR company Beam Communications

Interead's Cool-er colourful range of e-readers, competitors to Sony's Reader and Amazon's Kindle, are still being offered by Argos and Tesco stores, as well as being available online from LoveFilm.

Tesco would not comment as to why it was not fully informing its customers about Interead's financial problems but Argos put out a statement

"We took the commercial decision earlier this year to phase out this product range. We no longer have an active working relationship with this supplier and were unaware of the suggested recent developments within their business.

According to a report in The Guardian, Interead claimed the company's problems came about when an order for 17,000 Cool-ers from a high-profile American retail group was cancelled at the 11th hour. Last year, Interead claimed that it had signed a deal with AT&T for a 3G version of Cool-er, it's not clear what happened to that.

IDG UK Sites

How to use an Apple Watch: Everything you need to know about the Apple Watch

IDG UK Sites

Why Scottish Tablet is better than the iPad mini

IDG UK Sites

VFX Breakdowns: 10 behind-the-scenes looks at how incredible effects were created for Hollywood...

IDG UK Sites

Apple MacBook 1.1 GHz review (Retina, 12-inch, Early 2015): The future of Apple laptops