iRex’s New e-Reader Announced

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Netherlands-based iRex Technologies planned to sell its new e-Reader by the end of 2009 in the U.S with pricing to be announced. The e-Reader will support 3G wireless connectivity and will have 8.1″ screen.

A spokesperson for iRex noted, “Despite the flurry of recent product developments, the e-reader market is still in its infancy. The market opportunity is immense and while Amazon has taken an early market share, its business model leaves significant opportunity for competitors. AFAICS Research, a U.K.-based business intelligence company … predicts the worldwide market for dedicated e-readers will grow to 40 million devices by 2012.”

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