Nikon has announced the upcoming launch of its new compact, high-end flagship digital camera, named as Nikon COOLPIX P7000, which the company claims as the first COOLPIX model to feature a built-in neutral density (ND) filter, combining with full manual controls, EXPEED C2 processor, 7.1X optical zoom NIKKOR lens, 720p/24fps HD movie capture, RAW shooting, HDMI output and more advanced photography technologies into a single compact device.

Key features of Nikon COOLPIX P7000 includes:

  • Large 1/1.7-inch RGB CCD sensor with 10.1 megapixel resolution
  • 28mm wide-angle 7.1x optical zoom-NIKKOR ED glass lens plus 5-way VR Image Stabilization System
  • High-resolution 3-inch (921,000-dot) display with wide viewing angle and anti-glare coating
  • High-performance EXPEED C2 image processing engine
  • Large optical viewfinder with diopter adjustment dial
  • (720p; 24fps) HD video capture with optical zoom and auto focus controls
  • Integrated Flash plus i-TTL Flash function
  • RAW file function compatible with Mac and Windows PC
  • ISO 100 – 6400, expandable to ISO 12,800
  • Zoom Memory enables users to specify a preset focal length with zoom photography
  • Full Manual Controls – Program, Shutter, Aperture, Manual modes for an extensive controls
  • Direct buttons for key functions such as ISO, white balance, bracketing and exposure compensation
  • Tone Level Information helps photographers achieve their desired exposure with nine levels of grey scale information

“The COOLPIX P7000 represents the best of both worlds. It is an exciting compact camera offering from Nikon, as it not only provides expanded creative control found in digital SLR cameras, but also provides photo enthusiasts with the portability and simplicity of COOLPIX digital cameras,” commented Bo Kajiwara, director of marketing at Nikon Inc. “The P7000 is the perfect complement to an advanced photographer’s D‐SLR, and it inspires the entry‐level consumer to explore the boundaries of their photographic capabilities and fulfill their creative vision.”

Nikon COOLPIX P7000 which measures 3.1 x 4.5 x 1.8 inches and weighs in at 12.7 ounces (includes battery and SD memory card) is scheduled to be available later this month for about $500.