& L Color Photo Service Lab in New York City), the group produced remote terminals and systems for the casino industry. Printers were developed to print receipts and transaction reports. Wang spun off the business in 1971 and Centronics was formed as a corporation in Hudson, New Hampshire with Howard as president and chairman.

The Centronics Model 101 was introduced at the 1970 National Computer Conference in May. The print head used an innovative seven-wire solenoid impact system.