At this week’s CEDIA show, Optoma unveiled a new projector capable of displaying widescreen 16:9 high definition 720p images for just $999 USD.

The Optoma HD70 projector features a single 0.62-inch DarkChip2 DLP chipset from Texas Instruments. producing a dynamic contrast ratio of up to 4000:1. The DLP array operates at true 720p resolution, making it capable of displaying much of the high definition content available today. The projector outputs light at a admirable 1000 lumens.
In addition to the native 720p mode, the onboard scaler can handle video in NTSC, PAL, SECAM formats in 480i/p, 576i and 1080i/p resolutions and either 16:9 or 4:3 aspect ratios.
The projector also has a nice array of inputs including: HDMI, Component Video, VGA with Component & SCART Compatibility, Composite Video (RCA), S-Video and a 12V Trigger Relay for home theater installations. At just 5.6 pounds, it’s also quite portable.
[via AboutProjectors]