SaltyGrain, a real-time granular audio effect plugin.
As a small side project, we released a simple but effective iPhone app for small children some time ago. It features several animal pictures with sounds that are guaranteed to bring a smile on your child's face ;-)
We are currently working on a number of "smart audio processing"-based products.
As soon as we have more news about this, we will post it here.
In the meantime, you may want to check out some of the technologies we have developed over the past years.