The TabletClaw is made of rubber and hard plastic, made in the USA by the way, in a portable package designed to slide on to most tablets, not just the iPad 2 and new iPad.
The TabletClaw has a fold out stand, making it a nice way to display movies, photos, and more, but the real benefit is a rotating flip out rubberized circular grip that gives you something to hold. This will be useful for presentations, demonstrations, or just carrying your tablet around, safely.
The TabletClaw can prop your tablet in a variety of angles, suitable for typing, using the grip as a stand. So you're really getting a grip and a versatile stand in one product. And because it isn't a big bulky case, it's easy to transport, plus it can accommodate a variety of tablets, even a Kindle Fire. Just check the website for details.
The TabletClaw fits very snuggly so don't expect to be able to use most iPad cases with it, but if the TabletClaw prevents you from dropping your iPad in the first place, then you're better off than if you had it in a case.