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Eye-Fi, a developer of wireless memory cards for digital cameras, is developing its own iPhone application which will allow its card owners to send photos taken on an iPhone directly to their computer and the Web. The application, however, is not quite ready yet.

This application, said Eye-Fi, will let users aggregate all of their photos — from both an iPhone and a digital camera — into organized folders on a computer and to one of 25 online photo sharing and social networking Web sites. Photos taken on an iPhone can be automatically tagged with information about where the picture was taken. Users can then view geotagged photos on a digital map and organize photos by location.

The application will be available for free to Eye-Fi owners upon its release.