Panasonic Consumer Electronics Company has announced that its first home theater in a box (HTiB) system with an integrated Blu-ray Disc player will be available for purchase in late Spring, with a suggested retail price of $999.95. The new model, SC-BT100, is the perfect complement to a high definition, flat panel large screen TV.

The new model epitomizes Panasonic’s emphasis on media friendly capabilities. It is made for iPod* and features an advanced integrated dock which not only recharges an iPod but plays music or video through the home theater system, displays audio tracks and menus on the TV screen and operates with the supplied remote control…