February 22, 2007 Canon has announced the latest state-of-the-art compact digital still and video camera - the 7.1 megapixel PowerShot TX1 offers 10x optical zoom with Optical Image Stabilizer and can shoot VGA (640 x 480 pixels) movies at 30 fps (in a traditional 4:3 aspect ratio) and can capture high-resolution still images while recording movies, helping to ensure that milestone memories are preserved for picture frames, photo albums and e-mail sharing as well as for video viewing. The TX1 features an enhanced Canon DiG!C III image processor with innovative technology including in-camera red-eye correction and improved Face Detection with Flash Exposure. The enhanced DiG!C III processor enables in-camera red-eye correction with the touch of a button. Available next month, the US$500 TX1 is the size of a deck of playing cards, making it ideal as a permanent companion.
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