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Speech technology is advancing quickly; even smartphones offer apps that let you speak commands and perform voice-activated searches. Now, a new app for iPhone and Blackberry can convert spoken Arabic into spoken English (and vice versa).

We first saw the Livescribe Pulse "smartpen" in action at the DEMO conference last month, but today CEO Jim Marggraff stopped by to give us a closer look.

When you use the Pulse to write on paper printed with a special microdot pattern, it recognizes its exact relative location on the page and captures a digital file of your pen strokes (complete with full character and word recognition) along with audio. The pen can also then interact with written words on the page in many interesting ways, including live audio translations into multiple languages of any word you tap.