The high-powered Android tablet features a 1.3-GHz quad-core Nvidia Tegra 3 processor with 1GB RAM and 32GB of internal storage.
It measures in at 10.2 by 6.9 by 0.43 inches and weighs 1.47 pounds, making it larger than Apple's third-generation iPad but of near equal weight.
The Iconia Tab A700's 10.1-inch 1,920-by-1,200-pixel display makes it one of the first Android devices to support full HD visuals.
Other specs include Google's Android 4.0 Ice Cream Sandwich operating system, Bluetooth, USB, HDMI, and microSD support, as well as a 5-megapixel rear-mounted camera and a 1-megapixel front-facing snapper.
The device has been touted as a competitor to Asus's tablet line, and an Android-based alternative to the latest iPad.
Acer's Iconia Tab A700 goes on pre-sale in the US on June 13, priced at $449.99.