Epson announced its latest augmented reality (AR) smart glasses, Moverio BT-200, with advanced features, lighter design and a better field of vision for $699.99.

Epson, pioneer in printers and projectors, is expanding its reach into the wearable space by launching a successor to its Moverio BT-100 smart glasses with improved vision and lighter design. The  Moverio BT-200, project a better field of vision equivalent to an 80-inch TV. The augmented reality smart glasses feature a micro-projector and Dolby speakers with a camera and a separate Android based touchpad that serves as a controller for the smart specs.

The company joined the bandwagon of wearable tech with its first-gen Moverio BT-100 and a follow-up shows Epson's seriousness in expanding its reach into the tech industry beyond printers and projectors.

The Moverio BT-200 is fitted with micro-projectors on both sides of the glasses to project distinct images with a resolution of 960 by 540 pixels over the real-world objects. The smart glasses also feature a front facing camera that can capture videos and images and the built-in Dolby speakers deliver surround sound experience while watching videos.

"Moverio BT-200 is Epson's second-generation smart glasses and incorporates much of the feedback provided by both the AR developer and end-user communities," Anna Jen, director, New Ventures/New Products for Epson America, said in a press release,Tuesday. "With these improvements, Moverio BT-200 is poised to deliver an AR experience that will revolutionize workflow, training and repair in the enterprise environment."

Epson's second-gen smart specs are fitted with sensors to track head movements and perform hands-free navigation. The BT-200 model is 60 percent lighter than its predecessor and smaller for improved comfort. Despite the redesign, Epson's smart glasses aren't a match to Google's polished Glass design. But Epson is covering that by making its smart glasses much cheaper than Google's.

Epson is taking orders for its Moverio BT-200 smart glasses through its official website at a retail price of $699.99. Ground shipments are free, which takes up to 10 days from order and two day shipments cost $29.95 and overnight shipments are $39.95 on top of the products price.