 Around this time, heavy investments had been made in the development of automatic equipment to produce a bracelet similar to the German Fixo-Flex.A few years earlier a German manufacturer had sent the first version of the Fixo-Flex bracelet to Paul Levinger who had worked out a license contract with the inventor, Karl E. Stiegle.In 1956 the first automatically produced bracelet under this patent was introduced as a test under the name of Kingsway.