While ASUS did not reveal a model number for the tablet, this could be the ME172V which showed up on GL Benchmarks. At various times, the tablet was rumored to be sold for $99 or $129, but as it turns out, the device in question will be priced at $150. It is another low priced 7 inch Android tablet that has become a quite popular genre for tablet OEMs and tablet buyers alike.
One last note. Unlike the line of ASUS tablets that transform inro a laptop by connecting to a QWERTY dock, the ASUS MeMo Pad is a tablet only. That actually might be good news. After all, there is that old saying, "Jack of all trades, master of none."
source: ASUS via Engadget