Mountain View-based Plastic Logic has officially given up on its CES 2010-revealed QUE ProReader but has announced it's not out of the e-reader game. The company may have lost its flagship but is moving forward and looking towards a second-generation ProReader plastic electronics-based product.
"We recognize the market has dramatically changed, and with the product delays we have experienced, it no longer make sense for us to move forward with our first generation electronic reading product," said Plastic Logic CEO Richard Archuleta. "This was a hard decision, but is the best one for our company, our investors and our customers."
Unfortunately for those excited about Plastic Logic's technology, it hasn't provided any details about the new ProReader device. Hopefully they won't wait until CES 2011 to announce something.
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