Spring Design's Alex E-Reader Bites The Dust
"It's out of stock. It is our understanding that the investor stopped the money."
There was no extra information given, but no more money generally means no more product. The Alex had a tough road right from launch. The company was charging $399 for an e-reader, and while Android was available on the second screen, that's generally not enough to convince someone to pay tablet pricing for a standalone e-reader. The design was certainly unique, with a dual-screen 6" e Ink display, a second 3.5" Android-powered touch panel and built-in Wi-Fi. But there was no integrated (and free) 3G like there is with the Kindle, and that probably led to its demise.
Either way, it's a tough day to see one of our own fall, but such is life in this cutthroat industry.