As you can see from the image at right and the photo and demo video below, this new ereader looks almost identical to existing models like the Pocketbook Touch.
It looks like this ereader could be intended as both a cut down and updated version of the Pocketbook Touch. The Touch Basic has a 1GHz CPU, more RAM, Pearl E-ink screen (and not HD), 4GB of storage, and a microSD card slot. This model is also missing a headphone jack and any audio ability.
Pocketbook is also saying that this model features a new touchscreen tech:
PocketBook Basic Touch comes with “Film Touch” technology, which offers higher touch sensitivity with minimal thickness, which is important to achieve a more paper-like reading experience!
There's no mention of the new Regal Waveform tech found in the new Paperwhite and the Kobo Aura, but I am betting that this ereader will have it.
The Touch Basic is expected to ship in Europe in October with a retail of 99 euros (edit: or less).