Nokia's announcement was mum on a number of launch details. However, a Nokia representative said that the E7 will be released first in Finland, the company's home turf.
The E7 includes the Symbian 3 operating system, a 4-inch AMOLED ClearBack touch screen designed to improve outdoor visibility, a full slide-out QWERTY keyboard, an 8-megapixel camera with a dual LED flash and HD video capture, USB and HDMI connections, and 16GB of flash memory.
Geared for the business crowd, the phone offers built-in synchronization with Microsoft Exchange and comes with Office Communicator Mobile, a corporate instant messaging app developed by Microsoft specifically for Nokia smartphones.
Although still the world's leading mobile phone maker, Nokia has watched its dominance slowly slip over the past couple of years. Losing market share and sales to Apple and Android devices, the company reported lower earnings yet again in the fourth quarter of 2010. The E7 costs 495 euros ($674).