Epson is bringing a new high definition projector to its growing line. This new model is known as the PowerLite Home Cinema 720, priced at around $1,300.

Epson says the PowerLite 720 is capable of projecting HD quality images at up to 120 inches. It features 3LCD technology to help it accomplish this as well as a three-chip optical engine. The 720 offers users up to 1,600 ANSI lumens, 10-bit color processing and up to 10,000:1 contrast ratio.

A few other features include advanced color management, a variety of inputs and grayscale tracking. This projector will be available by the end of the month.

Epson PowerLite Home Cinema 720 Press Release