Microsoft showed off a new product dubbed "TouchWall" at its CEO Summit today. As the name suggests, the product is another multi-touch platform that you can control with a sweep of your hand, though this time coming in a whole lot cheaper than the $10,000 Surface, costing just "a few hundred dollars worth of readily available hardware."

The TouchWall comprises integrated hardware that includes laser and infrared lights that recognize the touch of fingertips on the screen through the embedded Plex software. A Microsoft representative declined to offer any details about whether or when TouchWall might be available commercially - though during its presentation Bill Gates said he expects the technology to someday be used on a daily basis by businesses and in the home. Until that day comes, we'll have to settle with watching a video of the TouchWall in action.