Topological insulators are new states of quantum matter with surface states protected by the time-reversal symmetry. In this work, we perform first-principle electronic structure calculations for Sb(sub 2)Te(sub 3), Sb(sub 2)Se(sub 3), Bi(sub 2)Te(sub 3) and Bi(sub 2)Se(sub 3) crystals. Our calculations predict that Sb(sub 2)Te(sub 3), Bi(sub 2)T e(sub 3) and Bi(sub 2)Se(sub 3) are topological insulators, while Sb(sub 2)Se(sub 3) is not. In particular, Bi(sub 2)Se(sub 3) has a topologically non-trivial energy gap of 0.3eV, suitable for room temperature applications. We present a simple and unified continuum model which captures the salient topological features of this class of materials. These topological insulators have robust surface states consisting of a single Dirac cone at the (Lambda) point.