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Aside from the Z1015 IS point-and-shoot, Kodak has also announced a new model in its M-series product line, the M1093 IS camera. This relatively cheap camera touts a 10-megapixel sensor with a not-so-impressive 3x optical zoom. But its capability to shoot pictures and capture video in high-definition more than make up for the lack of high numbers in its optical zoom.

Aside from these, the M1093 also features a 3-inch wide-angle LCD screen, image stabilization, smart capture technology, intelligent image processing, MPEG-4 compression for video, high ISO sensitivity, text and sound tagging, multimedia slideshow presentation that you can run on the camera’s LCD and continuous HD video recording at 30fps with sound and on-camera editing.

But the best quality of this camera is its affordable price. You can snag one for yourself at a retail price of $199.95 when it comes out sometime in September.

Product [Kodak]