Sony to launch ebook reader in August?

Sony is rumored to launch a new ebook reader this August, reports Slashgear. This reader is believed to include Wi-Fi connectivity, larger display and internal storage memory.
The new reader is expected to be a replacement for the Sony PRS-505. However, the reader has been designed on the lines of the PRS-700 but doesn’t include a touchscreen interface.
Reportedly, this news was initiated by a member of the MobileRead forums. According to the forum, a manager at the Books-a-Million disclosed the specifications of this reader. Many other sources have supported this news. However, none of them confirm the specific August launch.
At the launch of the PRS-700, Sony had revealed that they were planning a wireless option. At present, Sony has refrained from commenting on these rumors.
This new ebook reader will be launched somewhere in August and is expected to be priced at $300 (approx. Rs. 14,540).
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