It was a concept knife of an Ulu style blade developed 5-6 years back and Sal showed it at a couple shows for feedback (including Blade Show I think 1999 or 2000). The picture was taken before we established our "no photo of concept knives policy".
It was designed primarily for the person who cuts boxes and cardboard- think UPS, postal and FedEx employees. Unlike traditional ulus it had a sharp tip. It had approx 2-1/2" of cutting edge on a blade that was only 3/4" long, an interesting premise. Also it was what I liked to call an anti-auto. It manually opened but the blade spring retracted back into the handle when you pushed a button on the backside by the clip. Just my opinion but I think at the time Sal showed it, it was just too far out, too specialized and maybe even too innovative for the knife public. It was, and still is, a great concept! No production plans in the works.
Joyce @ Spyderco