Panasonic has decided to release its world’s smallest DSLR, LUMIX DMC-G1, in the United States market. For your info, the LUMIX G1 adopts the Micro Four Thirds system that eliminates the internal mirror structure that defines digital single-lens reflex (DSLR) cameras and reduces the size and weight. The LUMIX G1 DSLR Camera will be released in three different colors including black, red and blue for $800 each

Panasonic will release its 14.7M compact digital camera ‘DMC-FX150′ in Japan market, which is expected to be available in the end of August.

Equipped with a 3.6X optical zoom LEICA lens and a 2.7-inch 230,000 colors LCD screen, the DMC-FX150 supports up to ISO 1600 and HD video recording at 30 fps.

Measuring 96.7*24.8*54mm at 179g, it comes in three different colors including silver, gold and black.

The camera offers a T-Mobile HotSpot service and can upload photos directly to Google’s Picasa Web Albums. The DMC-TZ5 also features a 9.1MP sensor, 10x optical zoom, 28mm wide-angle lens, 720p movie mode, SD expansion slot, video output, red-eye correction, optical image stabilization, the Venus Engine IV and a 3.0-inch LCD monitor.