With the market for Android-based tablets slowly picking up steam, Velocity Micro, a high-performance custom computer producer out of Richmond, VA, is entering the fray.

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The Cruz tablet is billed as an affordable touchscreen e-reader and tablet. The Cruz will run Android 2.1 with what is presumably a custom browser capable of supporting Flash 10.1. Also, it appears that the Cruz, like its Archos brethren, will not have access to the Android Market. Owners of the Cruz will, however, have access to the Cruz Market, which is an open content portal.

The Cruz sports a 7″ capacitive multitouch touchscreen, an 800MHz processor, and expandable storage via an SD card slot. There is no release date yet, but Velocity Micro promises that the Cruz is coming soon. Go to http://cruztablet.com/ for more information.

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