As rumored, Adobe has launched Photoshop CS5 and CS5 Extended – the latest versions of its image manipulation software. They will be available separately or as components of the Creative Suite 5 family of design and production software bundles. Both include revised interfaces and a host of new tools and refinements discussed in the accompanying story. Photoshop CS5 and CS5 Extended are expected to begin shipping next month for around US $699 and $999. Licensed users of the previous versions can upgrade for $149 and $349 respectively.

via Adobe unveils Photoshop CS5 & CS5 Extended: Digital Photography Review.