From the press release:
The top-selling speed reading application on the iPhone app store, QuickReader, has launched a new version that upgrades its market leading speed reading technology, offering a significantly enhanced eBook reader interface, and integrating with Facebook and Twitter.With the release of the new version, QuickReader is also announcing a partnership with Feedbooks, a pioneer in the standardization of eBook distribution. The deal gives QuickReader users instant access to 6500+ free public domain and self-published EPUB books directly from within the application.
It's a pretty decent ereader, and it has features comparable to Stanza. But I'm not sure that it can teach you how to speed read. There's no real explanation of what you're doing or the technique they're using to teach you.