OQO in financial woes, cancels pre-orders for the OLED Model 02+ UMPC

Wired reports that OQO has canceled all pre-orders for the OLED-equipped Model 02+. It turns out that OQO are in trouble - and are struggling to survive.

OQO Model 02+

The Ulta-mobile PC had a 5" touchscreen OLED, 800x480 (WVGA). I hope OQO will find funding and start producing it...

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