Elonex, the education technology specialist, once famous for its back PC magazine adverts, has announced that it will sell a £99 laptop called, the One, according to the Times.
The specs of the machine are, understandably, limited with only 1GB of flash memory and from the press release, there's no trace of a track pad as well.
However, you do get a Wi-Fi adapter as well as a 7-inch TFT screen and a detachable rubberised keyboard.
Application wise, the system comes with a Linux Operating System complete with an office suite and internet capabilities.
Obviously, Elonex is targeting the education market first, but just like the RM with Asus' EEE laptop, a £99 laptop will soon make its way to the retail channel where it will surely become a hot commodity.
Let's hope that the laptop which will be released at the Education Show at the NEC on the 28th of February 2008, will include a couple of USB ports and a SD slot.