Beep is a compact streaming audio player that connects to your HiFi system or powered speakers. Play music from a network device or Internet streaming service like Pandora. It provides a simple 'click' button to start/stop music, and a wheel to control volume. You control it's playlist from a mobile device. Multiple Beeps can be configured to synchronise and stream music around your house, or play individually.
EDIT: The pre-order is currently US$99 and with the coupon is US$59. However Beep also say the pre-order is a saving of $50 on the cost once released. So the coupon code saves you 40% on the pre-order cost (+ shipping), or saves you 60% on the final cost (+ shipping). Shipping is a flat US$20 whether you buy 1 or 2 beeps.
Beep is still in development and their website says it is expected to ship in 'Fall 2014'. I take that to mean by end of November, so be prepared to wait.
With the 60% off this is great value for a streaming wifi music player with Analog and Digital line out. Use the analog line out to connect it to any player with an Aux input: clock-radio, portable speakers like Logitech Boom, or even headphones. If you have a Stereo or surround system, use a digital input to your system for even better sound quality.
My motivation in getting a Beep was to find an alternative to my Squeezebox's and lossless FLAC music library, which Logitech has pretty much abandoned. Beep does much of what Squeezebox does but without a display or the need for Logitech Media Server/Squeezecenter. It's also a less-expensive alternative to Sonos, albeit without the range of options they offer.
Another alternative is Rocki www.myrocki.com which now has a digital out option, and excels for it's battery-powered portability. I prefer Beep because of it's value, but also for use around the house (where I don't need battery power and prefer higher audio quality). Also Rocki only plays what is on your mobile device, whereas Beep does it's own streaming and can keep playing regardless of what your device is doing.
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+1 for the detailed writeup!