This USB stick houses a DVB-T TV tuner. The DVB standard is widely used in Western Europe but is starting to grow throughout the world.
To help with signal reception the USB TV tuner stick has a small flip antenna that you can either attach to the USB DVB-T tuner when needed, or use a cable to use it as a free standing antenna.
Software is provided with the picoStick called TVCenter that allows digital video recording allowing you to save programs to watch later. Recordings can be stored in either MPEG-2, DivX or H.246 formats so that the files can be transferred to other media players.
The picoStick is currently compatible with Windows XP, Windows Vista and Windows 7 and is compatible with low power CPU's which includes netbooks and other similar sized devices. The minimum specification includes just 256MB of RAM and a 1.6GHz Intel Atom processor. The picoStick goes on sale soon in Europe and will cost around $80 when launched. More details on the product page.
Via: Everything USB and Engadget