Amstelveen, The Netherlands, 21 February, 2006: Canon today announces the release of the 12x optical zoom PowerShot S3 IS. Successor to the popular PowerShot S2 IS, the latest addition to the PowerShot S-series incorporates a 6.0 Megapixel CCD sensor, Canon's renowned optical Image Stabilizer technology and video functionality rivalling that of dedicated digital video camcorders. Sporting a striking new finish in gunmetal grey, the compact PowerShot S3 IS answers the demands of advanced photographers with several improvements over its predecessor, including an increased sensitivity range of ISO 80 to ISO 800, a larger 2.0" vari-angle LCD screen, widescreen (16:9) recording, new movie features and an additional Sports mode.