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Falcon was founded in 1972 as Falcon Electronics by the first employee (1961) at KEF Electronics Ltd., Malcolm Jones. As Senior Development Engineer Malcolm did most of the design and development of the legendary drive units - the B139, B200, B110, T15, T27 and the systems in which they were incorporated. He left in 1974 having just completed the famous Reference Series 104 system to work full time at Falcon Acoustics Ltd.