The Lenovo netbook will come in two versions--one with 512 MB of memory and an 80 GB hard drive and the other with twice the memory and twice the hard drive capacity.
The IdeaPad S10 is expected to debut in October. The cheaper model will cost $399.
Lenovo promises a special netbook for students and educators in the near future.
Two new features for the IdeaPad S10 netbook include a heat distribution system to reduce heat from areas such as the bottom of the netbook and the OneKey Rescue System3 to help users recover from a system error or virus.