Panasonic Officially Announces the New GF5 Mirrorless Camera 0

After a series of rumors, Panasonic has finally announced the newest addition to their Micro Four Thirds system of cameras: the GF5.

Here’s an excertp from the press release:

SECAUCUS, NJ (April 5, 2012) – Panasonic today announced a new digital interchangeable lens system camera, the LUMIX DMC-GF5, which joins Panasonic’s award-winning LUMIX G Series of digital cameras, which are acclaimed for their high image quality with small and compact body and lenses. The LUMIX GF5 features a newly developed 12.1-megapixel Live MOS sensor and redesigned Venus Engine, helping to ensure true-to-life images through exceptional resolution, image rendering and color reproduction. Even in low-light situations and at a maximum 12800 high ISO sensitivity, the LUMIX GF5 produces stunning photos and videos. The noise reduction system includes a combination 3DNR (3D Noise Reduction) and MNR (Multi-process Noise Reduction) allowing for both bright areas and dark areas to be faithfully reproduced with minimal noise in high sensitivity image recording.

The new Panasonic GF5 is going to be released in black, red, and white later this year. Prices start at $599 for the body with 14-42mm standard zoom lens and $749 with the 14-42mm power zoom lens.