Panasonic has introduced its new product Lumix DMC-FX500.This Lumix DMC-FX500 is the first touch screen LCD model of digital cameras produced by Panasonic.

The Panasonic Lumix DMC-FX500 is available in black and silver colours, which is worth $400. FX500 will be available by May 2008 end.

The camera has a large 3-inch touch screen LCD which is in the range of 230,000 pixels. The camera has the ability to shoot HD videos of 1280×720 pixels.

FX500 analyzes the image and adjusts the brightness in dark areas & vice versa with its intelligent exposure technology. FX500 has the red eye removal tool also, which eliminates the red eye while photos taken in night. FX500 comes with multiple face detection.

“With the FX500’s touch-screen operation, we are giving our consumers a new interface that we think will prove extremely intuitive during playback, photo organization and of course – helping to take high-quality photos. The FX500 represents a new flagship model for Panasonic, as we add brand-new capabilities to our already popular, slim and stylish FX-Series of LUMIX digital cameras and we introduce another model that features a 25mm ultra-wide-angle lens.” said Alex Fried, National Marketing Manager, Imaging, Panasonic Consumer Electronics Company.