Olympus has announced the Camedia C-700 Ultra Zoom, which the company claims is the smallest 10x optical zoom digital camera. It will ship in late May for £599.99 including VAT. The C-700UZ is based around a 2.1 megapixel CCD, the standard for 10x optical zoom cameras. It has a F2.8 lens with a equivalent focal length of 38-380mm and digital zoom up to 27x. The camera includes both a 3.8cm LCD screen and an electronic viewfinder in the SLR position. It offers digital ESP, spot or multi-spot metering and a number of exposure modes. A full manual modes allows photographers to freely set the aperture value or shutter speed up to 16 seconds. Other features include exposure compensation and auto bracketing functions and auto-regulation of white balance (although it can be set manually as well). A TTL contrast detecting autofocus is included, as well as a 240 step manual focus. It stores pictures on SmartMedia cards (an 8MB card is included). Connection to Macs and Windows PCs is via USB.