Memorex will release a new portable video player for iPods in September, called iFlip.

An exclusive report on the world's oldest iPod-focused website, iLounge, provides details and images of the new product, which is essentially a large portable screen that can show video carried on an iPod.

The device features an 8.4in LCD display, integrated speakers, a tilting iPod dock, and a lithium-ion battery (with five hours battery life). The device can also be used as a set of portable speakers for music playback.

Additional features include S-Video out, line out, and dual-headphone jacks.