Olympus has released a  7.1 megapixel point and shoot camera, with waterproof abilities, that can resist at 33 feet underwater. The Stylus u770SW comes with 18 MB of internal memory, which can obviously be extended, via a memory card slot. It weights 5.5 ounches and is only 3.5″ wide. It has a friendly design, is shock resistand and it will be priced at $379.99, being released on March 19, 2007 on market.