Though the reviews of RE242 have been floating around youtube for a while now, the actual detail about the IEM is scarce at best, well, at least till yesterday. HifiMan just announced a new sub-brand called the 'HifiMan Express' and the RE-242 will be one of the first two products that bear the new brand name (the other product is an entry level USB DAC). The new brand will be aiming toward the entry level market. For what we know now, RE-242 will have 6mm micro-dynamic transducers and iPhone / iPod / iPad compatible mic and remote. No price yet.