In order to cram 8x optical zoom (25-200mm equiavelent focal length) into a compact that's actually, well compact, they opted for a Leica DC Vario-Elmar lens that's just 0.3mm thick. That keeps the thickness to a hair over one-inch and the weight around 4.8-ounces. Other features include face recognition, a 12-megapixel sensor and Travel Mode, which is designed to help you organize photos and travel information while you're on a trip. It drops in September for $279 and will come in silver, black, red and blue. Take the jump for the entire press release.