In a partnership with Retro Video Game Systems, Coleco has announced a new cartridge-based console system called the COLECO Chameleon.

COLECO announces new system 2 IMAGES

Chameleon comes a little over 30 years after the company's Colecovision, which made IGN's list of the top 25 video game consoles of all time . Released in 1982, Colecovision was known for bringing popular arcade games into the home. Coleco claims the Chameleon will be "a versatile new video game system that serves as a modern day take on the classic game console," and is promised to "accurately play classic games." The system will also play new 8-, 16-, and 32-bit games, all in the spirit of the "golden age of gaming."Retro Video Game Systems president Mike Kennedy calls it "a love-letter to all the classic cartridge based gaming systems that came before it." Kennedy thinks it will take gamers "back to a simpler time," a time he says when games "were all about great gameplay and fun factor."We can expect the Coleco Chameleon to launch in early 2016, and for a sneak peek at Toy Fair New York 2016, from February 13-16. No price has been announced yet, but Coleco tweeted that the console will be "significantly more affordable than the first go-around."

Nicole is a freelance writer for IGN. You can follow her on Twitter