From Fender.com:
Deluxe Series instruments are “hot-rodded” basses for players who prefer the look and feel of traditional instruments but need more horsepower under the hood. Our new Power Jazz Bass guitar’s four-saddle piezo Fishman® Power Bridge is an additional example of how Deluxe Series basses give you more boom for your buck.
With more tonal variations than ever before, the Power Jazz Bass puts more power at your fingertips with two standard Jazz Bass single-coil pickups and the aforementioned four-saddle piezo (for acoustic/electric tones). Other features include independent volume controls for precise blending of the pickups, an alder body with Two-color Sunburst finish, modern C-shaped maple neck with rosewood fingerboard, vintage-style Jazz Bass control knobs and chrome hardware.