[CES 2012] Olympus has announced its top-of-the-line addition in its compact camera entry level offering, the Olympus VR-340.

The slim metal casing packs 10x super wide optical zoom lens (24-240mm equivalent) equipped with a new 16 megapixel sensor and a 3.0-inch high-resolution LCD. To improve performance in low-light conditions, the VR-40 offers higher ISO and AF Illuminator.

The camera will be available in March, in white, silver, black, purple and red, for $149.99.  For that price, you will get the VR-340 with a Camera Strap, USB Cable, USB-AC Adapter (F-2AC), Lithium-Ion Battery (LI-50B), Audio/Video Cable, Quick Start Guide, Instruction Manual and OLYMPUS Software CD-ROM and a Warranty Card.

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