Pegasus Mobile NoteTaker - Digital Pen & Pad

Ehh. What in the world is this for???

“The Mobile NoteTaker - a portable handwriting capture device designed to store handwritten data so it can be transferred to a computer at a later date. The concept consists of an electronic pen with real ink and a memory unit with a monochrome LCD display and 2MB/50 page memory capacity that, when positioned above the writing surface, records all strokes on its scrolling screen. The effect is two fold, while you are making real world written notes a virtual copy is being recorded of every mark you make.”

Recovered from an Internet Archive snapshot of the InsaneTek front page.