This document describes a 5 pen pc technology called P-ISM that was created in 2003. P-ISM consists of 5 functions: a CPU pen, camera, virtual keyboard, visual output, and phone. It uses a dual core processor, LED projector, Bluetooth, WiFi, and emits a laser keyboard. P-ISM allows portable ubiquitous computing. While promising, it has limitations including cost, battery life, and need for precise positioning. The document concludes that this is just the start of more compact communication devices to come.