The MCM/70 was the product of Micro Computer Machines, one of three related companies set up in Toronto in 1971 by Mers Kutt. He had recently been squeezed out of one company, Consolidated Computer Inc., where he had created a data entry system, and was looking for new projects. Kutt had worked at Queen's University in Kingston, Ontario during the late 1960s where he saw the frustration of computer users who were forced to submit programs in punch card form to a shared mainframe. During 1971 and 1972 he received a number of Intel 8008 CPUs from Intel, intending to produce a usable desktop machine for university professors and students running the APL programming language, then the "new thing" in computer science.
By September 1973 his first design, the MCM/70, was complete, and was officially launched in 1974. The machine consisted of a wedge-shaped metal box about half a metre on the side, with a keyboard at the front, a cassette tape recorder(s) in the middle, and a tiny one-line plasma display at the top. The MCM/70 looks quite a bit like a Commodore PET with the monitor removed and replaced with the smaller display, and it would not be surprising if it served as the inspiration for the PET's later design. APL was built in, and the machine included a battery that automatically saved the "workspace" when it was turned off. The MCM/70 weighed 20 pounds and shipped in a number of versions with various amounts of RAM and zero, one or two cassette drives. The basic unit with a 80kHz (yes, kHz) 8008, 8k RAM and a single drive sold for $4,950 Canadian, although at the time the dollar was about par to the US dollar.
The machine received only minor recognition, so in 1975 it was re-released with no changes as the MCM/700. Also released that year was a punch card reader, plotter and a number of programs. The MCM/800 followed in 1976 which was faster, included 16k RAM, and included the ability to drive an external monitor. 1978s MCM/900 was faster again, included 24k RAM, and added a monitor as a standard option. The MCM/1000, aka MCM Power was a re-packaged /900 with a built-in hard disk, and was later re-packaged again as the MCM MicroPower. Versions of the /900 and later machines with hard drives could also support virtual memory.
MCM found that the Canadian business market was unprepared to risk venture capital on the computer market, which they did not understand. They might had done better in Silicon Valley, but the company did not consider moving, and their difficulties eventually resulted in Kutt being forced out of MCM as well. By the late 1970s MCM was facing a number of advanced home computer systems with the same sort of power as their own machines, and the funding needed to make competitve machines was not available. The company was shut down in 1980.