Newsmy finally released its own iPod clone called Momo X1. Housed in an ultra-thin body with polished stainless steel rear cover, the Momo X1 features a 1.5-inch 260,000-color TFT LCD screen, FM radio, voice recorder and support for MP3, WMA, APE, FLAC audio files and AVI video files. The MP3 player will retail in 1GB, 2GB and 4GB capacities at an unknown price.