I didn't look at the demo ship at the HAI too close, but it looked like a 407 to me. I'd be curious if the type certificate is different.
They swapped the Allison -47 engine for the Honeywell HTS900 (off the top of my head it think it is the same family as the Lycoming LTS-101 that Bell used in their older twins). Modern avionics - along with everyone else in the industry - the Chelton system is available on the 407 now so not much new there.
They still need a light/medium with a flat floor to compete with Eurocopter, something like the 429 except with one big stove instead of two.
malabo