Sceptre (http://www.sceptre.com) has announced the the Luna, a compact, “fit in your palm” video projector that allows users to share videos, pictures and documents while doubling as an personal MP3 player.

Measuring less than 1-inch thick, the Luna is weighs 2.6 ounces and can fit in any pocket, laptop bag, or purse. The Luna can be used to watch movies, showcase projects and presentations, and listen to music, says Cathy Chou, vice president of Operations for Spectre. It supports an array of music, video and picture files, including AVI, MOV, MPEG, JPEG, BMP, MP3 and WMA.

Sandard with functions such as calendar, slideshow, video, MP3 and more, the Luna comes with a 2GB Micro SD Card expandable to 32GB for increased storage capacity.  Available in white with silver trimming with three interchangeable skin protectors in black, pink and Blue, bhe Luna can be purchased at QVC, Amazon, Wal-Mart, NewEgg, Target, Sears and K-mart at a manufacturer’s suggested retail price of US$169.99.