Today the Mitsubishi Digital Electronics America company has announced the name and details of their LaserTV (featured in the picture above).

Branded as LaserVue, the product line is the first-ever, laser-powered television that was introduced earlier this year at CES. The brand promises to deliver a range of color never before seen in home entertainment.

Additionally, Mitsubishi has released details surrounding the 2008 DLP line and the new ultra thin LCD line for 2008. Product highlights include a thinner frame and brighter picture on the DLP models and proprietary Ultra Thin Frame on the LCD HDTVs with improved sound capabilities.

The new DLP models will be available in April. Mitsubishi’s LCD HDTV models will be available beginning May. LaserVue will ship to authorized retailers Q3.

The manufacturer’s suggested value pricing range from $1,799 to $4,699 for the DLP HDTVs, and from $2,499 to $4,499 for the ultra thin frame LCD HDTVs. Keep an eye on the Mitsubishi website for more information.