LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Aug. 1, 2001-- Canon U.S.A., 
Inc., a subsidiary of Canon, Inc. (NYSE: CAJ - news), continues to 
provide professional photographers and serious amateurs with the 
highest quality products with the introduction of the EF 70-200mm 
f/2.8L IS USM Image Stabilizing lens for the company's market-leading 
line of EOS autofocus SLRs. 

Canon expects its new lens, with fixed f/2.8 aperture, L-series 
optics and Image Stabilizing technology to become the best-selling 
model in its category. 

The optical system of the new lens is based on the current EF 70-
200mm f/2.8L USM and retains the same outstanding level of image 
quality, while adding a new high-performance Image Stabilizer 
function. In addition, the new lens also incorporates an improved 
high-performance vibration gyro sensor for maintaining the lens' 
compact design, moisture- and dust-resistant construction in critical 
areas for greater performance in adverse shooting conditions, and 
several other significant improvements compared to the original EF 70-
200mm f/2.8L USM, which will remain in Canon's EF lens line-up. 

``Canon is committed to finding new ways to provide its customers 
with the very latest in imaging technology,'' said Yukiaki Hashimoto, 
vice president and general manager of Canon's Photographic Products 
Group. ``Combining Image Stabilizing technology with extremely fast 
and high-quality optics gives photographers the necessary tools to 
excel in their craft.'' 

The new EF 70-200mm f/2.8L IS USM is a professional telephoto zoom 
lens with high contrast and high resolving power. It is constructed 
using the finest optics including four UD (Ultra-Low Dispersion) 
glass elements designed to correct chromatic aberrations, resulting 
in extremely sharp images with excellent color rendition. Powered by 
Canon's exclusive Ultrasonic (USM) motor for autofocusing, the EF 70-
200 f/2.8L IS USM is silent in operation and very quick to focus, 
even in low-light conditions. The new lens also offers full-time 
manual focus, making it ideal for many photographic applications 
including sports, photojournalism, portraits, and landscapes. 

Designed to maintain a consistent aperture ratio of f/2.8 throughout 
the zoom range, the EF 70-200mm f/2.8L IS USM lens provides 
photographers with tremendous shooting flexibility. This feature 
makes it the optimum choice for location and sports photographers who 
need an assortment of fast lenses but can not afford to weigh 
themselves down with excessive gear. 

The lens employs a newly designed Image Stabilizer mechanism that 
uses an improved method of holding the barrel of the supplementary 
optical system, providing smoother movement than in previous IS 
systems. This results in image stabilization up to approximately 3 
stops compared to the 2-stop stabilization effect of previous Canon 
IS lenses. Additionally, the EF 70-200 f/2.8L IS USM's Image 
Stabilizer function can be used to eliminate the image-blurring 
effects of mirror bounce even when the lens is used on a tripod or 
monopod. 

Other improvements include a reduced minimum focusing distance of 
1.4m/4.6 ft., a newly developed aperture diaphragm that remains 
virtually circular from f/2.8 to f/5.6 for enhanced image quality, 
and a revised AF drive circuit and autofocusing algorithm for 
superior AF speed when used with current high-end EOS SLRs. 

Additionally, the EF 70-200mm f/2.8L IS USM features weather-
resistant construction in the mount area, switch panel, zoom ring and 
focusing ring to prevent water and dust from reaching the inside of 
the lens. This design philosophy matches the performance of the EOS-
1V professional camera and makes the new lens usable in a wider range 
of adverse shooting conditions. 

When using EF Extenders, autofocus is available throughout the entire 
zoom range of the lens and the Image Stabilizing feature remains 
functional. The new EF70-200mm f/2.8L IS USM lens will be supplied 
with a pro-quality lens pouch and dedicated lens hood. It will be 
available at authorized Canon dealers in September and have a 
suggested list price of $3,000. 


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