Canon has announced the Powershot S5 IS, the fourth version of its compact digital still and video combo camera. The new model features a 7.99 million image pixel CCD sensor, ISO 80-1600 sensitivity range, DIGIC III image processor, 2.5 inch (diagonal) rear LCD display, 12X image stabilized zoom, a built-in hotshoe compatible with Canon Speedlites, a new continuous autofocus mode plus 640 x 480 pixel at 30 fps movie recording with stereo sound.

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