We’ve seen the Cotton Candy before but the new design is simple, elegant and is a hardened drop resistant plastic that should also help with heat dissipation. Inside this tiny PC we have a dual-core ARM Cortex A9 CPU, ARM Mali-400MP GPU, WiFi b/g/n, Bluetooth 2.1 and a micro-SD slot. On each side are the ports consisting of USB and HDMI-out for all types of use. Streaming movies, Android, Games and more to a display and hooking up wireless mice and more. If you’ve seen the Cotton Candy before you probably already know the specs.

FXI has added a micro-USB port to the side as you can see from the images below and the design is a simple white color — although the end caps still come in black. Another important note here is although the FXI currently runs with Ubuntu or Android 2.3 Gingerbread FXI was nice enough to share details regarding Android 4.0 Ice Cream Sandwich. They expect to have full driver support by mid-March and will launch with Android 4.0 ICS options available late March. I want one already!

The FXI Cotton Candy is available for pre-order now for just $199 and as promised should be shipping in March.

It looks essentially like a Mini Cooper that someone just stretched out. It still only seats two but there is an extended area in the back for delivery drivers and those who just want some extra space to carry stuff around. The rear doors fully open to allow complete access to the width of the vehicle, making it easy to put in or take out large parcels. It’s also low, with the floor of the cargo area meeting the average driver at about wast-level.

This is being sold to personal and commercial customers, but it is definitely for those who have volume transport of products as a primary function. There are numerous strap pins to keep the content in place, and a cage prevents anything from spilling into the passenger area. In other words, it’s like a really cute truck. Today’s press release is just a teaser of the new vehicle. It will be on display at the Geneva Motor Show in a couple weeks.