Elonex who I remember as a manufacturer of high end laptops according to the Times will be releasing a £99 umpc laptop at the Education Show later this month.

…it includes a free word processor and spreadsheet, a free web browser and free e-mail software. It has a 7in screen, a rubbery little keyboard and no CD drive. And it all runs on an ageing chip that was designed before its target audience of seven-year-olds were even born.

Read more at the Times. Elonex’s website. The news has even reached Engadget.