The Modbook has been revived. A new pro version will be available this autumn.

Modbook creator Andreas Haas claims that despite the popularity of the iPad (which launched in 2010, around the time the Modbook fell off the radar) there is a market for the Modbook. He told : "Finger painting is fun when you're five years old. But when you start getting into it, you're going to pick up a pen."

Haas blames the recession rather than the iPad for Axiotron's disappearance. Two weeks after Axiotron went public, "Lehman Brothers went belly up and took us down along with the financial system," he claimed. Haas has salvaged what he could from Axiotron and started up a new (privately funded) company now.

He also claims that there were never any legal issues with Apple. Some had speculated that Apple was responsible for the disappearance of the company. On the contrary, Haas claims: "As soon as the ModBook came out, Apple came to us and asked us to become a proprietary solution provider. "That didn't end up working out, but we were moved to a developer contract. We are now an Apple 'developer' and we have a great working relationship."

In fact, prior to Axiotron, Haas was a part of Apple's Newton Systems Group, notes Haas, according to a report. He said: "When I joined that group I actually wanted to see the pen on the Mac, because I remember there was a development unit that was shown to Andy Warhol to draw on a Mac, and he just loved it. I always felt, that is what I wanted to do".