MagFolio is a slim-fitting and stylish iPad 2 folio case with a magnetic personality. It features an attractive and durable padded cover that folds into a handy viewing stand, along with a form-fit cradle that holds your iPad 2 securely in place. Built-in magnets work perfectly with the sleep/wake function of the iPad 2: just open the case to wake your tablet, and close it up to put it to sleep. Founded in 2001, (with cases for the original iPod and the iSport, an iPod fanny pack with blinking lights) Speck has grown to become a worldwide leader in cases and bags for iPhone, MacBook, BlackBerry, iPad and tons of other personal electronic devices. But they"re not a monolithic corporate entity: they"re gadget geeks. Speck makes the sort of fun, functional, stylish cases that they"d want protecting their own gear - or, for that matter, their kids" and grandparents" gear. From concept to design to finished product, Speck puts their hearts, smarts, and guts into everything they do. Their downtown Palo Alto, California headquarters is often messy, always bustling, and filled with a crew of dedicated (dare we say obsessed) folks who really know their stuff. About a quarter of the company is in the product development group, and 100% of their products are designed and quality-tested in-house.