The T-Rex Tremonti Phaser switches between 4 Stage and 8 Stage settings to let you choose between a raw, vintage-sounding effect and a richer, more modern swirl. Other controls include Bite knob, which adds overdrive to any setting, Depth, Rate and Level.
Retail price is planned to be €224.
The prototype is pictured above and here's Mark Tremonti demoing the pedal
... and showing T-Rex his live rig.