Sony has just lifted the curtain on the PlayStation Vita, the company’s next-generation portable gaming device.

The device, originally codenamed “NGP,” made its debut at Sony’s E3 press conference in Los Angeles. The device looks exactly like the prototypes that leaked earlier this year.

The PSP’s successor includes a high-resolution, 5-inch OLED touchscreen (960 x 544 pixels), two analog sticks, rear touch controls, 6-axis motion sensors and dual front- and back-facing cameras. The device is supposed to run a quad-core ARM Cortex A9 processor.

The Vita also comes with 3G and WiFi connectivity. AT&T will be the Vita’s exclusive 3G launch partner (much to the disappointment of the audience).

The PlayStation Vita hits the market sometime during this year’s holiday season. It will cost $249 for the Wi-Fi version and $299 for the 3G version. Some of the titles in development for the Vita include LitteBIG Planet, Uncharted: Golden Abyss, Street Fighter X Tekken and Ruin.