Canon has announced the launch of the 5.0-megapixel PowerShot S50 Microdrive Kit, which will ship with a 1GB Microdrive and has "a stylish black finish".

Canon claims that the S50 Microdrive Kit will enable users to capture 400 high-resolution shots without having to change storage medium. It retains all the features of the original PowerShot S50, including: a 35-105mm, 3x f/2.8-4.9 optical zoom, 9-point AiAF (Artificial intelligence Auto Focus) system, FlexiZone AF/AE and Canon’s unique DIGIC (DIGital Image Core) processor.

“With its wide range of ergonomically presented photographic controls, the PowerShot S50 has proven to be a hit amongst seasoned photographers and advanced users,” says Malcolm Hills, Head of Canon Consumer Imaging in the UK. “The addition of a 1GB Microdrive will appeal to time-pressured users who are after a serious pocket-sized camera capable of taking hundreds of shots before the need to download.”

The PowerShot S50 Microdrive Kit will be available from mid-July for £629 including VAT.

Yesterday, Canon cut the price of the S50 from £549 to £499 RRP (including VAT).