Panasonic is unveilng this week a new entry level digital camera designed for those who seek “advanced, yet easy-to-use settings.” The camera is called the Panasonic LUMIX DMC-LS80 and it is priced at around $150.

The Panasonic LUMIX DMC-LS80 is an eight-megapixel model using a newly developed LUMIX DC VARIO lens system. It offers up 3x optical zoom, optical image stabilization, auto ISO settings and quicker auto focus.

Panasonic’s newest LUMIX digital camera runs off of two AA batteries. Other highlighted features include a high performance image processor, HD image shots of 1920×1080 and WVGA video recording. The Panasonic LUMIX DMC-LS80 will be available in pink, silver and black body colors in February.

Panasonic LUMIX DMC-LS80