Nokia and Samsung along with another investor are investing $5.6 million U.S. dollars into Swype.

This is an innovative technology that makes typing text with touchscreen much faster.

The speed up as characters not exactly need to be touched. You can enter text with one continuous finger or stylus motion across the keyboard. Swype is already available on the U.S. version of the Samsung Omnia II (Windows Mobile 6.5) through Verizon Wireless.

The following movie shows how text by Swype on Samsung Omnia II can be introduced.

The speed of text using this method can be introduced is compared to an iPhone. Check out the website of Swype for more movies.

The technology the company says is not only applicable to smart phones (with different operating systems) but also, for example televisions, navigation systems and game consoles.