New Ultrabooks weren't the only product releases on Acer's agenda at CeBIT today. The company also unveiled the V5 Series of thin-and-light notebooks aimed at budget-conscious consumers who value portability. That means its 30 percent thinner than your average notebook. What's more, it's available in three colors, including an icy, textured pink which you'll see in our video below.

The 11.6-inch V5 measures just 0.59 inches at its thinnest and weighs just less than 3 pounds. There's a 14-inch, 4.6-pound model with a slightly thicker 21mm profile due to its optical drive, and also a 15.6-inch model with optical drive

Acer somewhat cryptically announced the starting price as 499 euros during the press, and indeed that number refers to a companion Acer Aspire One system and not the lowest-configured V5. No pricing info on the V5s proper yet.