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
80,259 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

Windows 10 launch event as it happened: Read our Windows 10 launch live blog - find out first as...

IDG UK Sites

Windows 9 and the death of the OS as a must-have product

IDG UK Sites

Video trends: 4K is here โ€“ HDR video, VR and 3D audio is coming

IDG UK Sites

Best iPhone 6, iPhone 6 Plus deals: iPhone 6, iPhone 6 Plus tariffs, contracts and prices UK