Brazilian electronics company offers up the 'IPHONE'

Brazil-based electronics company IGB Eletronica on Tuesday announced a new line of devices bearing the name "IPHONE."
The first of those devices will be called the Neo One, the company said inside a press release spotted earlier today by Reuters.
Product pages that went up later in the day provided more details about the quad-band device, which costs 599 Brazilian real (about $287 U.S. dollars), runs Google's Android 2.3.4, and sports a 320x480 screen.