We may still be waiting for Penguin's beautiful childrens' book-reading iPad app, but if you favor their Classics range, this free annotated listing app will be a nice companion to that battered paperback you always carry around.
It basically acts turns any Penguin fan into a card-carrying Penguin fan, with descriptions of each book; quizzes; a profile for listing all of your read books; plus a neat shake-to-discover function so you can read something the app chooses at random.
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Unfortunately the app fails at letting you download ebooks, though it does direct you to the Penguin shop where you can buy paperbacks or hardbacks. It's a free download, and was added to the App Store only yesterday. [iTunes via Fast Company via Future Blog]