iRex Technologies files for Chapter 11

CoolDragon · 06-09-2010, 02:46 PM

https://www.mobileread.com/forums/showthread.php?t=86396

This explains a lot. Let's hope they can still deliver V2 for both dr1000s and dr800s/sg, the bigger question is probably when.

nprnncbl · 06-09-2010, 02:55 PM

Darn it! Just after I decided that the dr800sg was the reader I'd been looking for!

jm35 · 06-09-2010, 03:04 PM

This also explains why the IREX phone support has been offline.

Mr. Goodbar · 06-09-2010, 03:47 PM

I guess that's also why they no longer have any product in the U.S. pipeline. It's unfortunate, the 800 is a great product, but their business skills significantly lagged their product skills.

TGS · 06-09-2010, 03:54 PM

If they've filed for Chapter 11 doesn't that mean they are still trading and attempting to re-structure their debt. Seems odd that they appear to have stopped selling units anywhere - including Europe.

bigshell · 06-09-2010, 04:14 PM

Wow, can't believe it...

owl123 · 06-09-2010, 04:16 PM

I guess this is the "big upcoming news" repods referred to.

Dellaster · 06-09-2010, 04:58 PM

Quote:

Originally Posted by TGS

If they've filed for Chapter 11 doesn't that mean they are still trading and attempting to re-structure their debt. Seems odd that they appear to have stopped selling units anywhere - including Europe.

Perhaps they don't have the funds or credit to buy the components and/or pay for assembly.

Really sad news. I hope iRex somehow makes it through Chapter 11 and back into profitability. I suppose someone might buy the company if that doesn't work. We'll see I guess.

Anyway, thank you iRex for what is still my favorite e-reading device for novels. Love my DR800SG. I wish the best for you guys.

Ride · 06-09-2010, 04:59 PM

I think this is a good thing for iRex. I purchased the DR1000S when it first came out and my experience with iRex has been ... less than mediocre overall. Perhaps they will survive this and become a better company because of it as it pertains to their products, marketing and customer service. This is the beauty of the free market at work.

iRex, I do hope you survive this and emerge considerably better due to the experience.

Best of luck,

Ride

PS: I would suggest that you download both the latest version of the beta and the stable firmwares for your iRex reader from the iRex site. The site could go dark due to the bankruptcy. [http://updates.irexnet.com/]

yacoob · 06-09-2010, 05:10 PM

Ouch, that's worrying. Just ordered DR800S on Monday. Haven't got it yet, and I'm confident that it'll be better device than my PRS-505 - but potential lack of support is making me think about canceling the order :|

TGS · 06-09-2010, 05:27 PM

Quote:

Originally Posted by yacoob

Ouch, that's worrying. Just ordered DR800S on Monday. Haven't got it yet, and I'm confident that it'll be better device than my PRS-505 - but potential lack of support is making me think about canceling the order :|

It will be a better device than your 505 (I've got both), if you ever get it. Where did you order it from? If it's direct from IREX then Chapter 11 is not good news for you - you become one of their creditors. Eeek!, I'd get on to my credit card company if I were you.

yacoob · 06-09-2010, 05:35 PM

Nah, I went through http://www.ebookreaderstore.de - but I haven't talked to them yet. It hasn't yet shipped (perhaps due to stock problems...

but if they do have one, I'm not entirely convinced that I should go forward with the order.

zacitana · 06-09-2010, 05:39 PM

very sad news indeed, hope they manage to work it out

go, iRex, go!

Shaggy · 06-09-2010, 05:40 PM

Quote:

Originally Posted by Ride

IPerhaps they will survive this and become a better company because of it as it pertains to their products, marketing and customer service. This is the beauty of the free market at work.

iRex, I do hope you survive this and emerge considerably better due to the experience.

I agree with you there. Sometimes companies can reorganize and come out stronger in the end. Chapter 11 isn't always a bad thing.

Quote:

PS: I would suggest that you download both the latest version of the beta and the stable firmwares for your iRex reader from the iRex site. The site could go dark due to the bankruptcy. [http://updates.irexnet.com/]

Good idea.

yacoob · 06-09-2010, 06:16 PM

Asked for cancelation of the order, we'll see whether the shop will honor that.
It would be good to make that thread sticky, to make sure people new to iRex are aware of the situation, when they visit the forum.

06-09-2010, 02:46 PM	#1
CoolDragon Addict Posts: 244 Karma: 124 Join Date: Feb 2010 Device: none	iRex Technologies files for Chapter 11 https://www.mobileread.com/forums/showthread.php?t=86396 This explains a lot. Let's hope they can still deliver V2 for both dr1000s and dr800s/sg, the bigger question is probably when.

06-09-2010, 04:59 PM	#9
Ride Junior Member Posts: 7 Karma: 10 Join Date: Mar 2010 Device: iRex DR1000S	I think this is a good thing for iRex. I purchased the DR1000S when it first came out and my experience with iRex has been ... less than mediocre overall. Perhaps they will survive this and become a better company because of it as it pertains to their products, marketing and customer service. This is the beauty of the free market at work. iRex, I do hope you survive this and emerge considerably better due to the experience. Best of luck, Ride PS: I would suggest that you download both the latest version of the beta and the stable firmwares for your iRex reader from the iRex site. The site could go dark due to the bankruptcy. [http://updates.irexnet.com/] Last edited by Ride; 06-09-2010 at 05:09 PM. Reason: Added PS on getting the latest firmwares while you can.

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06-09-2010, 02:55 PM	#2
nprnncbl Member Posts: 18 Karma: 10 Join Date: Jun 2010 Device: Entourage Edge	Darn it! Just after I decided that the dr800sg was the reader I'd been looking for!

06-09-2010, 03:04 PM	#3
jm35 Member Posts: 23 Karma: 32 Join Date: Apr 2010 Device: iRex DR800SG	This also explains why the IREX phone support has been offline.

06-09-2010, 03:47 PM	#4
Mr. Goodbar Wizard Posts: 1,005 Karma: 98078 Join Date: Jul 2006 Location: Atlanta, GA Device: iPad Mini 4	I guess that's also why they no longer have any product in the U.S. pipeline. It's unfortunate, the 800 is a great product, but their business skills significantly lagged their product skills.

06-09-2010, 03:54 PM	#5
TGS Country Member Posts: 9,058 Karma: 7676767 Join Date: Feb 2010 Location: Denmark Device: Liseuse: Irex DR800. PRS 505 in the house, and the missus has an iPad.	If they've filed for Chapter 11 doesn't that mean they are still trading and attempting to re-structure their debt. Seems odd that they appear to have stopped selling units anywhere - including Europe.

06-09-2010, 04:14 PM	#6
bigshell Junior Member Posts: 6 Karma: 10 Join Date: Feb 2010 Device: DR800SG	Wow, can't believe it...

06-09-2010, 04:16 PM	#7
owl123 Addict Posts: 234 Karma: 214 Join Date: Nov 2008 Device: Galaxy Note 3, Galaxy NotePro 12.2, InkBook	I guess this is the "big upcoming news" repods referred to.

06-09-2010, 05:10 PM	#10
yacoob Zealot Posts: 120 Karma: 1326 Join Date: Feb 2009 Device: none	Ouch, that's worrying. Just ordered DR800S on Monday. Haven't got it yet, and I'm confident that it'll be better device than my PRS-505 - but potential lack of support is making me think about canceling the order :\|

06-09-2010, 05:35 PM	#12
yacoob Zealot Posts: 120 Karma: 1326 Join Date: Feb 2009 Device: none	Nah, I went through http://www.ebookreaderstore.de - but I haven't talked to them yet. It hasn't yet shipped (perhaps due to stock problems... but if they do have one, I'm not entirely convinced that I should go forward with the order.

06-09-2010, 05:39 PM	#13
zacitana a happy reader Posts: 36 Karma: 76 Join Date: Apr 2009 Device: iRex DR800S :))	very sad news indeed, hope they manage to work it out go, iRex, go!

06-09-2010, 06:16 PM	#15
yacoob Zealot Posts: 120 Karma: 1326 Join Date: Feb 2009 Device: none	Asked for cancelation of the order, we'll see whether the shop will honor that. It would be good to make that thread sticky, to make sure people new to iRex are aware of the situation, when they visit the forum.

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