This Monday, hardware hawker Asus announced the debut of the world’s thinnest ultrabook, the new Zenbook UX305.

At just 2.6 pounds in weight and half an inch thin, the UX305 is built with portability and productivity at the forefront of its design. The 13.3-inch notebook will feature an Intel Core M 5Y10 processor, 8GB of DDR3 RAM, 128GB of solid state storage and a 1080p IPS display.

Connectivity options will include three USB 3.0 ports, one micro-HDMI out, and an SD/SDXC combo reader for increased storage.

For the resolution junkies out there Asus is also planning to release a 3,200 x 1,800 version of the notebook, though it won’t be ready to ship for at least a few more months. That’s a shame, as competitors like Dell are offering the same resolution on stores shelves today. Asus will offer the panel for less, however, as it says the QHD+ version will be $999 when hits store shelves in April.

The best part? The company says we can expect the latest in the Zenbook lineup to hit US shelves today for only $699 retail. That’s an arm and a leg less than most other comparable ultrabooks, and should make for some stiff competition for Lenovo’s Yoga 3 Pro and Samsung’s ATIV Book 9. Even Dell’s XPS 13 should be wary: it’s a great notebook, but it’s $100 more for fairly similar hardware, Core M processor aside.