Verizon Wireless and Casio have joined together to launch the new Casio Exilim C721 that has a 180-degree rotating display, a 5MP camera with a 3x optical zoom, a LED flash, Auto Focus, and Image Stabilizer. Available in silver color, the camera phone is priced at $279.99 after a $50.00 mail-in rebate with a new two-year customer agreement.

via Upcoming Cell Phones]