At CineGear Expo 2015, not only has F&V officially opened orders for the new Z720 LED Ring Light, but they have also announced a more affordable model labeled as the 'R720' for those who may not require some of the high end offerings of the premium Z720.
Unlike the Z720 the R720 does not come standard with Independent Quadrant Control or Wifi Control. The good news is that you may be able to unlock these features at a later time, by upgrading the control module on your R720.
The 720 LED ring lights are incredibly versatile and portable. The large diameter of the F&V Ring Light allows you to use it off camera as a stand-alone LED Fixture and can even be used with an optional Softbox. The lights can be operated on two NP-F batteries which means you can take it anywhere you go. Both Z720 and R720 LED Ring lights are available in Daylight only or Bi-Color.