Code Line on Monday announced the launch of Color Expert for the iPhone, which is now available for download and purchase from the App Store for $9.99.

Color Expert helps artists identify, translate, grab and display color using their iPhone or iPod touch. You can use an interactive color wheel to identify a target color and then find several palettes backed by sophisticated color theory formulas.

Multiple color schemes are supported including Monochromatic, Analogous, Complementary, Split Complementary and more. You can search through Pantone solid coated, Pantone solid uncoated, Pantone Goe coated, Pantone Goe uncoated, Web safe colors and HTML colors, and e-mail palettes to others. Great tool for any aspiring artist with an iPhone, and proves that the iPhone is more than just a cool gadget; it can run quite complex software.