LG today took the wraps off the phone that resulted from a partnership with Prada. The two companies hinted at the device a few months ago and today announced a small, smooth, monoblock phone dominated by a capacitive touchscreen - similar to the iPhone. LG’s version runs an Adobe Flash-based interface designed by Prada, which is black and silver, to match the phone itself. It is a tri-band GSM/EDGE (900/1800/1900) handset that features a 2 Megapixel camera, Bluetooth, MicroSD slot, media player and document reader. The Prada phone will go on sale in select stores in Europe for 600 Euro ($775) next month. There are no plans to bring the phone to the US, however it is due out in select Asian markets in the second quarter.