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Adobe Photoshop Released.
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Kodak DCS-100, first digital SLR
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Kodak introduces the Photo CD, the first method of storing digital images to become available to the general public; JPEG, a compression standard for storing and sending photographic images over the Internet, is described in a paper published in "IEEE Transactions on Consumer Electronics."
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Nikon D1 SLR, 2.74 megapixel for $6000, first ground-up DSLR design by a leading manufacturer.
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Camera phone introduced in Japan.
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Polaroid goes bankrupt.
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Four-Thirds standard for compact digital SLRs introduced with the Olympus E-1; Canon Digital Rebel introduced for less than $1000.