Nikon has announced the launch of new compact Nikon COOLPIX P500 digital camera (the successor to Nikon P100), which Nikon claims as its longest zoom COOLPIX camera to date, featuring a wide-angle 22.5mm NIKKOR ED glass lens with stunning 36x optical zoom.

Key features of Nikon COOLPIX P500:

  • 12.1-megapixel backside illumination CMOS sensor
  • 3-inch tiltable vari-angle 921K dot LCD display
  • 1080p full HD video recording with stereo sound, zoom and AF capabilities
  • Advanced EXPEED C2 dual image processing system
  • Easy Panorama mode
  • 7 key-way anti blur solution
    1. Hybrid VR (Sensor-shift and Electronic Vibration Reduction)
    2. High ISO sensitivity up to 3200
    3. Motion detection
    4. Best Shot Selector (BSS)
    5. Night Portrait Mode
    6. HDR backlight mode
    7. Night Landscape mode

Nikon COOLPIX P500 that offered in red and black color will be available in coming March 2011 for about $400.