From the website http://www.geteasypeasy.com/
EasyPeasy is a lightweight open source operating system (OS) for your netbook or ultra portable laptop. The OS is optimized for web surfing and provides easy access to your favorite Internet applications like Skype, Firefox, etc. EasyPeasy is designed for low power consumption, because we know that your battery life time is important to your mobile lifestyle.
EasyPeasy strives to offer you:
An instant online and social desktop using cloud computing services
An environment-friendly and green OS designed for low power consumption
Access to your favorite applications and services, whether they are open source or proprietary