Canon announced the new Powershot SX1 IS 10 megapixel camera. It can shoot 4 full resolution JPEG stills per second and H.264 Full HD video at 30fps. Some of the features: DIGIC 4 image processor, optical image stabilization, 20x wide-angle optical zoom, HDMI output and a 2.8-inch LCD screen. Priced at around 900 dollar.

Click here for more information about Canon Powershot SX1 IS.