The Ricoh Caplio R5, announced on the 24th of August 2006, is the latest ultra compact, ultra zoom from Ricoh. It features a 7 megapixel sensor, a 2.5" screen, and uniquely for a camera this size, a 7.1x optical zoom lens.
* the Beta term is in reference to the blogger.com beta running at the moment, and nothing to do with the status of the camera.