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12 PM GMT: Olympus has today announced the new C-4040Z. Based on the popular and successful C-3040Z / C-3030Z body and design the new C-4040Z increases the pixel count with the new 1/1.8" 4.1 megapixel CCD we've seen on Sony's DSC-S85. It has the same F1.8 - F2.6, 3x optical zoom lens as used on the C-3040Z (though now with a rubber barrel grip). There's also now the addition of a 7.7 megapixel interpolated mode (in-camera) and a noise reduction system. Burst shooting speed is 2 frames per second for up to 8 images. Street price $1099.
(Scroll down - below specifications for the Press Release).

| Sensor | 1/1.8" 4.1 megapixel CCD (effective 3.98 megapixels) |
| Image Sizes | 2272 x 1704, 2048 x 1536, 1600 x 1200, 1280 x 960, 1024 x 768, 640 x 480 |
| "Englargement Mode" | 3200 x 2400, 2816 x 2112 |
| Image Quality | TIFF, JPEG (three levels) |
| Lens | 3x optical zoom (35 - 105 mm equiv.), F1.8 - F2.6 |
| Digital Zoom | Smooth up to 2.5x |
| Metering | ESP, Spot, Multi-Spot |
| Exposure modes | Programmed Auto, Aperture Priority Auto, Shutter Priority Auto |
| Exposure compensation | +/-2 EV in 0.3 EV steps |
| Shutter speeds | Auto: 1 - 1/800 sec Manual: 16 - 1/800 sec |
| Aperture | Wide: F1.8 - F10 (1/3 EV steps) Tele: F2.5 - F10 (1/3 EV steps) |
| Exposure bracketing | 3 or 5 images in 0.3, 0.7 or 1.0 EV steps |
| Focusing | TTL "iESP" contrast detection, Manual focus |
| Focus range | Normal: 0.8 m - Infinity Macro: 0.2 - 0.8m |
| Sensitivity | Auto, ISO 100, 200, 400 |
| Viewfinder | Optical |
| LCD | 1.8", 114,000 pixels |
| Flash | Internal, range: Wide: 0.8 - 5.6 m, Tele: 0.2 - 3.8 m |
| Flash modes | Auto (automatic activation in low and backlight), Red-eye reduction, Off (no flash), Fill-in (forced activation). Slow synchronization (first-curtain synchronization effect, second-curtain synchronization effect) External terminal: Off, Auto, Forced activation. |
| External flash | Yes, Olympus proprietary terminal |
| Burst mode | 2 fps up to 8 frames (HQ mode) |
| Self timer | 12 seconds |
| Power | 4 x AA batteries or 2 x CR-V3 Lithium |
| Dimensions | 110 x 76 x 70 mm (4.33 x 2.99 x 2.75 in) |
| Weight (no batt.) | 320 g (11.3 oz) |
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Press release:
Features Latest CCD, Super Bright Lens and Noise Reduction Technology
for High Quality Digital Photos up to 16" x 20"

June 20, 2001, Melville, NY Olympus America, Inc., the world leader
in film and filmless photography, today announced the CAMEDIA C-4040 ZOOM.
Establishing a new high-end category for Olympus C-Series cameras, the
C-4040 ZOOM builds on the foundation of Olympus award winning C-Series
digital cameras while incorporating exciting new features. The C-4040
ZOOM offers a 4 Megapixel CCD, a super-bright F1.8 high-performance 3X
zoom lens, plus the latest in Olympus image quality and noise reduction
technologies to deliver crisp high-quality prints as large as 16"
x 20".
The C-4040 is the perfect digital camera for photographers desiring extensive
image control capabilities combined with ease of use for creative and
artistic applications. Professional photographers will also find the C-4040
ZOOM to be a versatile yet compact solution providing the image quality
and output sizes required for magazine and newspaper publication.
Its high-performance 3X zoom lens offers a large aperture that opens to
a maximum F1.8 aperture setting for low light photography. Combined with
its extended flash working range, the C-4040 ZOOM is a great camera for
any low-light shooting situation. Simple to use, the C-4040 ZOOM also
features Olympus USB Auto-Connect capabilities for fast and worry-free
downloading without the need for any additional software or drivers.
Similar in design to other Olympus C-Series models, the C-4040 ZOOM has
an elegant all-black finish and rich ornamental parts that complement
new ergonomic controls, including a rubberized lens barrel and grip. The
C-4040 ZOOM also retains many popular features found in the C-Series,
such as Auto and Manual White Balance, multiple exposure settings to compensate
for different lighting conditions, a two-frame-per-second Burst Mode,
QuickTime Movie, black and white and sepia shooting modes, Auto Exposure
Bracketing (AEB), and several compression settings.
New Features of the C-4040 ZOOM include:
Standard features of the C-4040 include:
Accessories
Olympus provides a wide range of optional accessories for the C-4040 ZOOM
including a camera case; FL-40 external flash for synchronized shooting
with TTL cable and bracket; an assortment of lenses from 28mm to 152mm
equivalent; RM-1 remote control; NiMH batteries and charger; C7AU AC adapter.
The CAMEDIA C-4040 ZOOM will be available August 2001 with an estimated
street price of $1099. It ships with an 16MB Olympus SmartMedia
memory card, USB cable, AV cable, two 3V lithium battery packs (CR-3V),
lens cap and retainer cord, remote control, Olympus Camedia Master 2.5
Utility Software for image manipulation and creation, instruction manual,
QuickStart Guide, lens cap and strap.
C-4040 ZOOM Street Price $1099.
Olympus C-4040 Zoom
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