in Pittsburgh, PA (The Hampton Township, Pa)

Overview
Even though PDAs have capabilities like word processing and spreadsheets, they’re generally not utilized because they lack a practical keyboard. Virtual Devices …provides a full-size computer keyboard that disappears when not in use. The “V-Key” projects the keyboard for users to type on. The integrated miniature cameras and lasers watch your fingers type a keystroke. When finished, the keyboard simply disappears. Recently, many cumbersome devices-- fold-up keyboards and difficult-to-use thumb-boards have been introduced -- not solving any problems but validating the market need. Initially, the stand-alone V-Key accessory will retail for $150, dropping to well under $100 after two years. Many of the consumer and commercial applications exist for the V-Key which command even higher prices. Virtual Devices offers an outstanding investment opportunity to both license and commercialize this lucrative technology.

Partners
Appears nothing solid yet but: “Microsoft Corp., Palm Inc., IBM, Intel Corp. and Samsung have sought confabs to discuss possible partnerships and licensing agreements.”

$100,000 investment from Innovation Works

Technology
The company is exploring suspension of a virtual keyboard in thin air.

“The keyboard picks up finger movements and triangulates them into a keystroke with a great degree of accuracy," Hanowich explained.

How Close to Production
The product is in the prototype stage and not yet ready for sale. (as of July)

The technology has been tested successfully, he noted, and the company is hoping to grab the interest of device manufacturers when the product is launched formally later this year. (as of May)

IP
Unable to locate any patents via a USPTO search

Cost
V-Key will retail at $150 dropping to under $100 after 2 years.