The only thing known about the Cowon E2 is the picture you see above. Judging from it, the E2 will be small and most likely not have a screen. If the weird hiroglyphics on top has something to do with anything it might mean it uses various blinking lights to tell you what it wants, kinda like the Samsung S2 and R2D2.
If I’m to venture a guess, I’d say this will be a stick player that will be something in between a third generation iPod shuffle and the old Cowon T2. It’s hard to judge the size of the thing from the picture, but it looks an awfully lot like a pendant, which is possible if it’s the size of the iPod shuffle. No matter what, it’s nice to see Cowon updating their somewhat forgotten stick player players, as epic players such as the Sansa Clip killer Cowon U2 has long been forgotten by the MP3 player community. I’ll keep an extra good eye on this one for when Cowon releases some actual specs.