There’s some more information on it if you click through. Looks like it’ll retail for about $6.99.
The Smart Notebook on iPad is designed to make many of the tools available on the Smart Board interactive whiteboard available to students on their mobile tablets, including interaction with teachers. The app is designed to let students open any Smart Notebook file from an e-mail or file-sharing Web site, write, erase, add text, move objects, and insert images. Students can also use the iPad camera roll to drop images into Smart Notebook software pages.