From the website:
“OTTO is an electronic musical instrument for realtime manual beat slicing of audio samples. OTTO provides a tangible user interface designed with the aim of giving the user the feel of having the sample in his hands. The musician can manipulate an audio sample in real time through the use of a restricted number of simple physical buttons and switches.”

Looks pretty sweet. Take a look…

OTTO ~ demo.01 from Luca De Rosso on Vimeo.