"We are creating history and this is what the whole country has been waiting for, a fully functional, high resolution 10.2 inch screen laptop at a never before attempted price," said managing director Hirji Patel, a non-resident Indian from Britain.
The sleek laptop is equipped with a VIA processor, 512MB expandable to 1 GB RAM, storage 4GB expandable to 32GB, webcam, with a high-definition audio and 3 USB ports, powered by a 700 gms battery, Patel told media-persons.
"We shall continuously develop the model to meet consumers' needs, especially the middle-class, the poor and student community of today," said the London-based missile scientist-turned-entrepreneur.
Patel set up Allied Computers International (Asia) Limited and the ACi brand in May 2002.
Besides the laptop, ACi also launched its full range of mid-to-high end laptop series having the latest technology.
"While fulfilling our goal of developing India as a laptop nation with continuous price breaks, we shall offer latest technology in all our models to ensure India is never used as a dumping ground by other MNCs," he said.
The commercial launch for Icon-1100 starts next month and by August customers can buy a piece of their choice from the market.