The Panasonic Lumix DMC-G2 is a digital mirrorless interchangeable lens camera adhering to the Olympus and Panasonic developed Micro Four Thirds System (MFT) system design standard. It was announced in March 2010 along with a lesser featured Panasonic Lumix DMC-G10. Introduced as successor to the Panasonic Lumix DMC-G1, the G2 included 720p HD video capability using both AVCHD Lite and Motion JPEG recording formats. The United States MSRP with 14–42 mm kit zoom lens was US$800.00. Available colors were black, red and blue.