Spring Design's Alex e-reader to go on sale next month for $399

Its similarity to the Barnes & Noble Nook may have spurred a lawsuit, but that isn't stopping Spring Design from releasing its dual-screen e-reader to the public next month. The Android-based e-reader bears a remarkable resemblance to the Nook, but has a larger bottom screen with full Web browsing and virtual keyboard capabilities. Alex also features a variety of connectivity options, including Wi-Fi, 3G GSM and EVDO/CDMA. But the device's $399 price point is $150 higher than its competitors, leading us to wonder how much traction it'll gain in the marketplace.

Alex goes on sale February 22 from Spring Design's Web site.