Happy Owl Studio has some beautiful cases for the iPad. Shown is the Clutch case, with accordian-style storage for small papers. The Clutch is also available in red. They also have a simpler style called the Wallet, with only one storage pocket. The Wallet is available in brown or black. Finally, they offer the Wallet Deluxe, which is a black leather version of the Clutch. Happy Owl Studio isn’t showing prices for these cases yet, but they say will will be released about the same time as the iPad itself.
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