If the device looks familiar, that's because it's the txtr reader which 3M invested in and was killed off this December. After the break is the rest from Nate:
Quoted from the Digital Reader
I do know that the txtr Reader was based on a 6″ E-ink screen. It had Wifi, optional 3G, Bluetooth, g-sensor, a vibrator (for feedback), and it had a swipe pad in place of a d-pad. It’s not clear what details will be n the final model.But the most important detail on the txtr Reader is that the design is 2 years. Compared to the current market, it is both underpowered and overpriced.And now 3M will be selling it to a small niche. They will have to take a loss or charge far more than the thing is worth.
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