Now here’s a pretty cool MP3 player idea - it’s called the Wallet MP3 and it’s currently being designed by Walletex - the same people who designed the Wallet Flash device (shown above) - a credit card sized flash drive.

The Wallet MP3 player is billed as the world’s slimmest MP3 player and builds on the innovations introduced with the Wallet Flash device. Features include:

• Fits into any wallet so it won’t get lost, forgotten or stolen
• Water proof, dust proof, and temperature resistant
• Double sided USB connector with three-in-one functionality - USB communication, Charging, and Audio jack
• Users can customizer with any graphics
• Large double-sided branding area for high quality printing

The Wallet MP3 player is still under development by Walletex and is due out on the market by June of 2007 with USB 2.0 support. You can expect storage capacities ranging from 128MB to 2GB for the Wallet MP3.

I tried to find a picture of the device but nothing showed up on their website.. sooo I popped up an image of their Wallet Flash device instead (which should be pretty similar I would imagine).

[Check it out]

Walletex Launches the Wallet MP3â„¢- World’s slimmest MP3 player!

Worlds Slimmest USB Flash Drives that fit comfortably in your wallet!

Rishon Lezion, Israel- December, 2006-
Walletex has announced the development of Wallet MP3â„¢- World’s slimmest MP3 player.
Walletex is the leading developer and supplier of innovative, wallet-friendly consumer electronics. Walletex has drawn on its expertise in manufacturing and marketing super-slim devices to enable consumers to embrace technology without sacrificing convenience. The first product, Wallet Flash 1.1, was recognized as a CES innovation 2006 Design and Engineering showcase honoree in the personal electronics.
Wallet MP3â„¢ provides several major advantages over other MP3 players, including:

• Fits into any wallet- so it will not get lost, forgotten or misplaced
• Water-proof, dust-proof, and temperature resistant
• Double sided USB connector with three-in-one functionality: USB communication, Charging, and Audio jack.
• First consumer electronic device users can customize with any graphics.
• Large double sided branding area for high quality printing: Corporate logo or music album artwork
  Wallet MP3â„¢ offers many possibilities for virtually any market segment:
• Promotional- Business gift
• Media- Customer branding burned with music albums, audio books, and pod cast
• Retail-An ultra-portable gadget.

The Wallet MP3â„¢ will be available on the market by June 2007 with USB 2.0 (1.1 compatible) connectivity and in storage capacities ranging from 128MB to 2GB for a competitive price range.
Wallet MP3™ is the perfect gift because it combines 3 in 1 – MP3 ,USB Flash Drive and advertising space.
About Walletex
Walletex is a leading developer and supplier of innovative, wallet-friendly consumer electronics. Research and development is based in Israel, production headquarters in China. The Company is headed by a team of seasoned executives, with proven track records in manufacturing and marketing super-slim consumer electronics.

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