Optoma today announced the upcoming release of their first handheld Pico projector. Based on DLP's Pico chipset, the simply titled Optoma Pico Projector is an ultraportable device capable of projecting an image up to 100 time larger that source devices like iPods, smart phones, and digital cameras.

"The Pico Projector is the next step in sharing visual media for today's ultra-mobile consumer," said the company's director of product management, Jon Grodem." Fitting in your shirt pocket, the Pico Projector can display pictures, videos or any content from a mobile media player or smart phone. Optoma's Pico breaks free from the limitations of the 2 or 3 inch displays found on today's mobile devices. This category defining projector creates a new benchmark for sharing content-on-the-go."

The 4-ounce device will be available in limited distribution in Europe and Asia later this year. The rest of the world will get a crack at the projector next year.