Inspired by the intimate relationship between Voiculescu's noncommutative
probability theory (of type A) and large-N matrix models in physics, we look
for physical models related to noncommutative probability theory of type B.
These turn out to be fermionic matrix-vector models at the double large-N
limit. In the context of string theory, they describe different orbifolded
string worldsheets with boundaries. Their critical exponents coincide with that
of ordinary string worldsheets, but their renormalised tree-level one-boundary
amplitudes differ.