In a PDF press release (PDF Warning: PDF) posted to the MobileRead forums by user HarryT, iRex lays out plans to issue color e-Readers within the next couple of years. “The ultimate goal of an electronic paper display is to mimic the appearance of pigment on paper. This means more than just bright color, the reflection also has to be diffuse,” explained Henzen. “iRex’s subtractive color mixing technology will allow us to produce a wide range of colors in high resolution to deliver magazine?quality color to our e?reader customers. Holy grail of digital publishing ahoy! But will it fold? Or, for that matter, stop the vinegar leaking out? [via Slashgear ]

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iRex: "Magazine Quality" color e-readers by 2011

Reuters : Prime View said on Monday it would pay about $215 million for E Ink, whose flexible digital displays are used in Amazon’s Kindle and the Sony Reader. … E Ink Vice President Sriram Peruvemba said the deal would provide the financing and manpower needed to fuel development of color displays, slated for mass production at the end of 2010. Previously: ⌦ Fujitsu Flepia is slow, expensive, but heralds a color e-paper age … ⌦ Fujitsu's Prototype “FLEPia” Color ePaper eBook - Boing Boing Gadgets ⌦ Warmer, warmer: e-paper with sub-second refresh - Boing Boing Gadgets ⌦ “Readius” Fold-Up e-Paper Reader is Now a Phone, Too - Boing Boing … ⌦ Steven Johnson on eBooks - Boing Boing Gadgets

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E Ink acquisition sets stage for color epaper by 2010

Periscope manages to take the clean lines of the Amazon Kindle 2 and wrap it in more leatherette straps and pockets than that time we accidentally started sending the S&M catalogs to the Accounts Payable department. But hey, at least there’s a light. It’s $50.

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Periscope Lighted Folio for Kindle 2