Canon introduced the Canon Powershot S5 IS all-round zoom camera.

The Canon Powershot S5 IS offers 8MP resolution and a 12x optical zoom.

Other features of the Canon S5 IS include, optical image stabilizer, DIGIC III processor with face detection, ISO 1600, 2.5 inch screen, 30fps VGA video recording, Print/share button and hot shoe for Speedlite EX Series external flashes. The Canon PowerShot S5 IS digital camera measures 4.6 inches long, 3.15 inches high and 3.06 inches wide and weighs less than 16 ounces.

In stores beginning in early July 2007, the PowerShot S5 IS digital camera kit includes four AA alkaline batteries, a 32MB SD memory card, a USB interface cable, a stereo AV cable for audio/video output, and a full suite of Canon's latest software applications. The PowerShot S5 IS digital camera carries an estimated selling price of $499.99.
Via this Canon press-release.