After their initial announcement months ago about their entrance into projector manufacturing, Lumenlab released their first projector with HDTV compatibility today: the EVO Projector V1. This is very exciting for everyone as they have managed to deliver the projector as promised at only $499. The projector itself employs a 7″ LCD panel to display WVGA (854 x 480) 480p widescreen images up to a 110 inches diagonally. The lamp, which only costs a mere $30 to replace, generates a brightness of 1000 lumens and a contrast of 600:1. With all the connectivity including Component RCA and Computer VGA, it’s also surprising to see that they’ve also included an integrated TV tuner into the projector via Coax Cable. Perhaps the bigger manufacturers will follow suit and drop prices on home cinema projectors as they have an interesting competitor to contend with now. Considering that they named it V1, we can speculate that there will eventually be a V2 (A sub-$700 720p projector perhaps?), so Lumenlab obviously means some serious business with this projector.
[via Lumenlab]

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