Hard on the heels of the E-P2’s release, Olympus has unveiled its third micro four-thirds camera, the E-PL1, a lower-price model designed to appeal to a wider audience.

Using a 12.3 megapixel Live MOS sensor, the E-PL1 shoots stills up to ISO 3200 and HD video at 1280x720p. Image stabilisation is built in to the camera body, which reportedly delivers three stops of exposure.

The new model also adds a built-in flash, rather than depending on the optional hot-shoe version on the E-P1 and E-P2.

The camera’s operation has also been fine-tuned since the E-P2’s release, and uses a ‘Live Guide’ system for ease of use.

It’s also in keeping with Olympus’ retro stylings, offering the E-PL1 in four colours: black, champagne and silver, white and silver, and red and black

Along with the E-PL1’s release, there’s a selection of new lenses specially crafted for the micro four-thirds system due, including the ultra-wide angle M. ZUIKO DIGITAL ED 9-18mm F4.0-5.6 (18-36mm) and M. ZUIKO DIGITAL ED 14-150mm F4.0-5.6 (28-300mm) zooms.

A local release date has not yet been confirmed – keep watching D-Photo for further details.

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