News: Olypmus Unveils Cheaper PEN

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 1280×720p. 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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