I seriously want one of these!
Unfortunately, this is still just a concept, and not in production (yet). Still, the potential this sort of technology has for reducing the number of physical color samples necessary in design is wonderful. Besides, it looks like fun!
Here is a little more about it from the Yanko Design site:
Color Elite is device that aims to replace paper and fabric swatches that is used in the paint industry today. It is the combination of e-paper technology, a camera and the Internet. Together they combine to provide you the exact shade or colors you are looking for, and even help reduce the use of paper. The explanatory video shows us how easy it is to use this device to pick shades from everyday scenarios (like leaves) and match it to the e-swatches. Super convenient and awesome use of technology!
Advisor: Wen-Chih Chang
Designer: Liao-Hsun Chen
Thanks for visiting!