Pioneer Electronics has announced its new HTZ-BD32 home theater system.   The HTZ-BD32 includes a multi-functional Wi-Fi Blu-ray 3D player, up to 1100 Watts of power, six compact speakers for 5.1-channel surround sound effects, and network features.

Pioneer’s HTZ-BD32 is designed to provide a user friendly home theater experience in a small package, with easy setup.  The plug-and-play system includes color coded wires for fast connections.

The system includes two (3.8″ x 3.8″) front satellite speakers, one (11.8″ x 3.5″) center speaker, two rear (3.8″ x 3.8″) speakers and an amplified 250 Watt subwoofer.  Audio features include Dolby TrueHD, DTS-HD, Dolby Digital, Dolby Pro Logic II, and Virtual 3D sound, as well as Pioneer’s Advanced Sound Retriever technology, in which enhances compressed audio files to deliver near-CD quality playback.

It also offers Blu-ray 3D, Blu-ray Disc, DVD, AVC, SACD and CD playback, 1080p up-scaling and two HDMI inputs. For versatility and convenience, the HTZ-BD32 includes built-in Wi-Fi and DLNA 1.5 capability, is Bluetooth ready (AS-BT200 required, sold separately), and supports YouTube, Picasa and Netflix viewing (Netflix subscription required) as well as Pandora Internet Radio listening. The system is equipped with a cradle for iPod/iPhone, a front USB connection, and a Karaoke function with microphone volume and echo control.

The Pioneer HTZ-BD32 will be available in July 2012 at a MSRP of $499 U.S.  Look for more details on this product at: www.pioneerelectronics.com.