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Entex Industries, was formed in 1970 by G.A. (Tony) Clowes, Nicholas Carlozzi and Nick Underhill and operated at 303 West Artesia Blvd[2], Compton. Its name was derived from taking Nicholas' and Tony's initials and adding an 'X' on the end to form NTX, which when spoken sounds like Entex.[1] Nick Underhill's initial was not included as he had joined the company after the name had already been chosen, but before it opened for business.[1] The company logo consisted of an RAF bulls eye with a smiling face in the middle.[2] In 1980, the company achieved sales in excess of $100 million.[2] The company folded in the early eighties, due in part to increasing competition from video game consoles and computer games which quickly became a preferred form of entertainment, much to the cost of the electronic games industry.