We've already seen plenty of oio iterations from Explay, but apparently this here "oio companion" is the real deal, and it'll be shown off at Mobile World Congress next week. Unfortunately, that doesn't mean we're getting any solid price or release details just yet, pretty much this new render is all. The mobile nanoprojector uses hybrid laser and LED light sources, and features an "always in focus" capability, low power consumption and an "affordable price." According to Explay, customers and carriers are currently being polled for input on the commercial rollout, so be sure to let Explay know in the comments how excellent of a pricepoint $5 would be. You can thank us later, Explay.

Explay's oio nanoprojector has been on our radar for some time, and regrettably, it's still no closer to actually launching. According to Noam Zur, Vice President of Business Development for the company, the second-generation oio "will be commercialized in 2008 to 2009," which is a bit later than we had previously hoped. Nevertheless, the prototype shown was indeed battery powered, could fit in one's palm and offered up a QVGA (320 x 240) resolution. Additionally, it was stated that the "target power consumption is one-watt," and while the outfit would love to one day cram these things into mobile device, it'll be marketed as a standalone device at first.

Explay is apparently trying to ensure that its micro-projector doesn't become just one of the crowd, as it's trying to outdo the competition by showing off its oio at SID 2007. While we'd seen offerings from Explay before and even heard whispers of a 2007 launch, it looks like it'll be next year before the oio hits the hands of the general public. Nevertheless, the firm was off parading its accomplishment in Long Beach, California, dubbing its minuscule PJ the "first truly mobile and fully operational nano-projector." Of course, we're sure more than a few outfits would love to disagree on that very point, but Explay went on to praise the oio's ability to function in a variety of locales from a "dimly lit bar to a bright office." Notably, it sounds like the company will be aiming for more dollars than those held by mere gadget freaks, as the oio marketing team will be targeting "medical, security, and even artistic" fields whenever Explay can get these things out of the door. Click on through for a closeup of the oio itself.

[Photo courtesy of Explay]

While we were able to get a little hands-on time with Microvision's own minuscule projector earlier this month at CES, the folks over at TFOT were able to snag some face time with Explay's ridiculously small nanoprojector. This itty bitty source of entertainment was supposed to land right around this time, and although the latest form is still a prototype, it looks like solid progress is being made. The Israeli-based company showed off a design which featured a full-fledged PJ that was just marginally larger "than a cigarette box," and claims that the final product will be "around 20-cubic centimeters and around 5-centimeters in length." Essentially, Explay's unit utilizes "a combination of laser and LED light sources," otherwise known as an Advanced Spatial Light Modulator (ASLM), and in the time they had to view it in action, there were quite impressed. They noted the relatively low 320 x 240 resolution, but were satisfied with the image quality from one to two feet away, and praised its ability to remain in focus regardless of distance from the screen. The company has revamped its hopeful ship date, and now suggests that we'll see a finalized version on store shelves next quarter, and while pricing will indeed vary by production number, it should start "in the low $700 range." Click on through for a few more in-action snapshots, and be sure to hit the read link for the full skinny on this diminutive projector.

Just about everybody's getting on the portable projector bandwagon; you've got Sony, Mitsubishi, Toshiba, Epson, Viewsonic, all with sub-laptop-sized devices being prepared to throw up dimly-LED-lit images onto boardroom walls the business world over. But Explay's about to say balls to that with their new pocketable digital projector, which they claim should hit the market in the first half of 2007. It's not exactly a groundbreaking concept or anything, but ultraportable projectors are definitely about to become the hot new turf for those companies, like PVPro and Digismart, of itching to get theirs to market first.