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February 14, 2005

The source said that the camcorder was announced at a private press event in New York, however journalists were instructed to keep the information confidential. The new camcorder's model name will apparently be the AJ-HDX100 - a name very similar to Panasonic's AG-DVX100.

The addition of 24 frames progressive recording is big news for prosumers looking to shoot in high definition. There is currently no high definition camcorder under $40,000 which records at a 24 frames progressive (24P) rate. Panasonic saw huge success with their 24P mode in their AG-DVX100, especially with the independent film community.

The camcorder will record to MiniDV tapes, however it will also have a P2 card slot. The P2 card format was introduced by Panasonic as a tapeless news gathering recording format. The cards contain a matrix of smaller secure digital type cards and cost upwards of $4,000 each. The benefit of the system is that there are no moving parts, allowing the camcorder to go into extreme conditions.