Kyocera&39's Junzo Katsuki and Sprint&39's Dan Hesse show off the new Echo smartphone at a New York event Monday night.

Editor's note: This live event has concluded. You can replay our full coverage of the announcement--including the David Blaine magic show Sprint used to warm up the crowd--in the Cover It Live module at the bottom of this post. Or, for details on the new Echo device and hands-on photos, check out this summary post.

NEW YORK--Sprint Nextel will take the wraps off a new smartphone at an event here this evening.

Sprint's new Kyocera Echo smartphone, sporting two touch screens, is unveiled at a New York event Monday night.

The company has been tight-lipped about the announcement. But The Wall Street Journal today reported the new smartphone will be a dual-touch-screen device running the Android operating system. The phone, made by Kyocera, is reportedly called the Echo and has two 3.5-inch touch screens that can be opened up side by side.

CNET will be at the event here in Manhattan where the new device is to be revealed. I will be blogging the news live with commentary from CNET Reviews editors Bonnie Cha and Kent German and photos from CNET photographer Sarah Tew. The event starts at 3 p.m. PT. Sign up for a reminder to the live blog below:

Sprint Nextel's New York City Event

Editors' note: The original, pre-event version of this story was published at 9:46 a.m. PT.