Move over OLPC, here comes another “ONE.” That was terrible, I’m sorry. I’m really sorry.

Coming February 28th to the toughest, meanest industry show in all of the United Kingdom (Education Show 2008), the ONE is setting up to bear its lower-power, open-source fangs for all the world to see.

Details include this beautiful stick-figure-computer photo, a £99 price tag (about $195), three-hour battery life, Wi-Fi, flash memory hard drive, tough outer shell, and a “wireless music server,” according to ZDNet UK. It’ll also supposedly weigh less than one kilogram (remember from science class that one kilogram equals 2.2 pounds) so it’ll be very portable.

It’s aimed students in the hopes that it’ll be able to “close the gap between those from low-income and disadvantaged backgrounds and their peers,” according to a company spokesperson. For every 100 devices that are sold, one device will be given to an underprivileged child for free.

UK’s Elonex releases £99 OLPC rival [ZDNet UK] via Pocket-lint