From the press release:
The gold rush to have e-books ready for the iPad is well underway. New Zealand app developer Kiwa Media have announced the completion of their Content Universal Tool (CUT). The content migration system gives book publishers an easy route to produce content rich e-books that are fully interactive and optimized for the iPad.
The Content Universal Tool allows producers to design and layout the fonts of an e-book using any style, color or outline that one would expect to find in a design programme. The text is fully touch-enabled with Kiwa Media’s Swipe-to-Read, Touch-to-Hear and Touch-to-Spell features.