Panasonic announced the DMC-FZ28 digital camera with 10.1MP and 18x optical zoom.

In 3MP mode the zoom can be enhanced to a whopping 32.1x. For image processing, the FZ28 features the high-speed, high-performance, Venus Engine IV. Thanks to the Venus IV, the FZ28 can snap off consecutive shots at a fast max. 13 frames per second for subjects with fast motion in High Speed Burst Shooting mode.
In High Sensitivity mode, the FZ28 can capture stunning photos with sensitivity up to ISO 6400 in extremely low lit situations.
The engine allows the FZ28 to shoot up to 460 photos (CIPA) on a single battery charge thanks to improvements in power efficiency.

The FZ28 is going to be available in black and silver. There is no pricing information and shipping date available yet.
Via the Panasonic site. Panasonic also announced today the Lumix LX3.