Velocity Micro has just announced a new tablets lineup, powered by Google’s all-mighty android OS platform. Coming this August, the first device planned to go live is called the Cruz Reader. Now, whether it’s just an eReader or a whole new tablet machine – it’s up to you guys to decide – the mother company (as you can watch in the video after the break)  is apparently taking the reader side, flavored by tablet features . This way or another, for prices range between $149 to $299, you should all expect getting yourself a real nice reader-tablet hybrid combination, packing a 16:9 7-inch capacitive touchscreen on top, and USB port, paired with SD card slot, 4GB of internal storage and 802.11b/g wifi support (with full browser capabilities) under the lid. Make a room for more PR details after the break.

Update: And looks like the Velocity’s Cruz tablet is finally up for your pre-orders at Borders, priced at $299. Shipping, on the other hand, should start taking place somewhere towards the end of October – Holidays baby, holidays.

[Cruzreader]

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