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The cases are designed with the same openings and securing method on the right side, but the covers are different due to two different methods for propping up your Nexus 7.
SD TabletWear Stand and Type
The Stand and Type case has two grooves on the top cover where the case bends. The functionality of this is shown in a later image.
SD TabletWear SmartCase
The SmartCase model has two grooves on the top cover that are evenly spaced. This top cover looks more like the iPad Smart Cover and functions in a similar manner.