It's inviting news for E-bookworms! Well, Amazon is getting ready to launch the new second generation version of its groundbreaking Kindle electronic book reader, touted as Kindle 2, early next month.

On Tuesday, Seattle, Washington based company, thru an email, announced "an important" news conference at New York City's Morgan Library & Museum on Feb. 9, which will be hosted by the Amazon CEO Jeff Bezos. The company called the media to attend the "important" news conference.

It is expected that Amazon could unveil Kindle 2 in the 9 Feb. news conference; the company organized the similar conference, when it first announced Kindle in 2007. However, according to the company, the new version of kindle will be released sometime this year.

Kindle 2, whose photos were leaked late last year, is eagerly awaited by the industry watchers. From its photos, it appears that the company has corrected the design glitches that were found in the original model. It buttons look to be smaller now to avoid accidental page turns and joystick has been introduced in the place of scroll wheel for screen navigation. However, it's undecipherable whether the Kindle 2 will have touch screen and backlight, like its chief rival Sony Reader Digital Book PRS-700BC.

Working on wireless Whispernet network (built on top of Sprint's speedy EV-DO wireless network), Amazon's Kindle electronic book reader can help readers search books, blogs, periodicals (including USA Today), and buy new content within no time. According to Mark Mahaney, the director of Internet research at Citigroup Investment Research, the company sold about 400,000 units of Kindle last year.

Mahaney predicts that new Kindle's sales will contribute about $1 billion to Amazon's revenue in 2010. Mahaney says, "It's pretty clear this is the iPod of the book world." However, he expects that the new Kindle's price will drop to around $300, from $359, and expects that the new version of kindle will be free from design glitches and clumsy button layout.