Friday, September 26, 2008

Olympus to announce its Micro Four Third System-compliant digital camera


Olympus announced that it has begun development of an interchangeable lens type digital camera based on the 'Micro Four Thirds System' and showcased a concept mock-up of the camera at Photokina 2008.

Development of the camera will bring dramatic reductions in size and weight to the Olympus E-System.

The global market for interchangeable lens type digital cameras is growing steadily, but still only accounts for approximately 7 percent of the total digital camera market. Considering the much larger share held by interchangeable lens type digital cameras when film was the dominant imaging medium, it seems that there is still ample room for sales growth in this category.

The Micro Four Thirds System standard was established to meet this need by enabling the development of radically more compact and lightweight interchangeable lens type digital camera systems. The camera currently under development will be the first Olympus camera to comply with the Micro Four Thirds System standard, and interchangeable lenses that comply with the standard are also moving ahead. In addition, users will be able to mount existing Four Thirds System wide-angle, telephoto, and macro lenses on Micro Four Thirds System bodies via an adapter.

Product name, launch date and retail price of an interchangeable lens type digital camera based on the 'Micro Four Thirds System' are not determined.

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