Velocity Micro company unveiled some specifications and features of its coming budget class tablet. It is expected that it will be launched in August and will cost about $200. Cruz Reader is powered by Google’s Android 2.1 operating system and is equipped with 7 inch touchscreen with 800×600px resolution, 256 MB RAM, 256 MB internal storage, SD memory card slot, Wi-Fi, accelerometer. The battery of this mobile device will provide about 10 hour of work time. As many other devices of such class it has no access to Android Market. To make up this deficiency Velocity Micro will launch its own apps store – Cruz Market. Together with the Cruz Reader the company will also release Cruz Tablet that will have better processor, more built-in storage and will cost $300.