FiftyThree, the company behind the drawing and painting iPad app Paper, has launched a Bluetooth stylus which appears to have all the style and simplicity you’d expect from the people behind the iPad App of the Year 2012.

Great tools inspire great ideas. Pencil is the most natural and expressive tool for getting ideas on Paper. Advanced technology meets beautiful design to keep you in the flow, without needing to switch tools. With Erase, Blend, and adaptive Palm Rejection, Pencil puts creative possibility in your hands …

The stylus is designed to look and feel like a traditional carpenter’s pencil, with flat-sided design intended to be comfortable to hold and assist with accurate lines. The exterior is real wood (walnut from sustainable forests), and there are no buttons. You can also opt for a metal-cased model for $10 less.

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You pair the stylus to your iPad by touching a button in the app, and then use it just as you would your finger. A virtual eraser on the top of the stylus is also recognised by the app, and FiftyThree says that you can mix-and-match stylus input with finger controls like pinch-to-zoom.

Pencil is fully compatible with the Paper app on the iPad Air, iPad 4, iPad 3, iPad mini and iPad mini with Retina Display, but can be used as a dumb stylus with any app on any capacitive touchscreen device. You can order it here.

Last month, the company teamed up with Moleskin to allow Paper users to immortalise their creations on, well, paper.