Toronto — The Hyperion, Canada's entry into the world of IBM personal computer look-alikes, has gone out of production, meaning a $48.3 million (Canadian) loss for Hyperion's maker, Bytec-Comtern of Montreal.
Increased competition from companies such as Compaq and AT&T was given as the reason for terminating the Hyperion, which began production in February 1983. Bytec-Comtern officials say lower prices for personal computers affected ''the viability of medium-sized manufacturers.''
The company will close its plant in Ottawa and continue operations from Montreal. It has promised continued service and spare parts for the now defunct personal computer.
Hyperion, weighing 18 pounds, has a detachable keyboard, a seven-inch amber screen, a built-in 300-baud modem, two 320K disk drives, and built-in accounting and word processing software. The personal computer sold at about $3,690 (US) but is now expected to be discounted.