Infinitec announces 'world's first' Infinite USB memory drive

Infinitec has debuted what is reportedly the world's first Infinite USB memory drive, allowing users to stream content from their PCs to most other gadgets all thanks to a little USB stick.

The Infinitec IUM is a plug-and-play device that claims to be compatible with with any device that supports traditional flash drives or has a USB port. Users can stream and share content, even HD media, between devices over a Wi-Fi network (802.11b/g/n).

Since it streams rather than holds content, there is an "infinite" amount of storage space. Get it?

Some suggested devices include computers/laptops/netbooks, gaming consoles (i.e. Xbox 360, Wii and PS3 if it ever works again), DVD/Blu-ray players and even digital photo frames. Just note that the host laptop for the drive, however, has to be running Windows XP, Vista or 7.

Infinitec is planning a major international release for their little gadget, when it is debuted in the U.S., Canada, Europe and the Middle East this July 1 for $129. That price, though, could change from country to country.