Roku Labs is the new startup of the ReplayTV Founders.
The 20 people startup is developing the Roku HD1000 a digital media player for the living room.
The HD1000 can play slideshows, video or music files from its four built-in memory card slots, or play files streamed from a computer via an Ethernet network connection on HDTVs.
With a price tag of $499, Roku is targeting the high-end consumer, those already spending $3,000 or more on an HDTV set.
More in Yahoo News Story
More technical detail in Roku HD1000 Datasheet
You can pre-order the HD1000 on the Roku Labs Web Site.
The Roku HD1000 goes against other devices like Media Receivers and Media Center PCs that enable users to transmit digital media to their TVs.
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