Over the past years, different Nike Air Penny's have released, but the two main are the Penny 1 and Foamposite. Right around the corner, the Nike Air Penny II (2) will released and in 2009 so will the Penny 3 (III).
Carrying on with the "Hybrids" and "Fusion" models, Nike will release a Nike Air 1/2 Cent, which is composed of all sneakers Penny Hardaway wore throughout his career. The first color-way to release is the Varsity Royal / Black - Metallic Silver, and will drop at select Nike accounts in March of 2009.
2009/03/01 Nike Air 1/2 Cent
344646-041 Varsity Royal/Black-Metallic Silver
Nike Air 1/2 Cent Penny Hardaway Fusion