Olympus Micro Four Thirds System-Compliant Digital Camera Under Development

Cologne, Germany, September 22, 2008 – Olympus today announces that it has begun development of an interchangeable lens type digital camera based on the "Micro Four Thirds System."

Development of the camera will bring dramatic reductions in size and weight to the Olympus E-System, and will comply with the new Micro Four Thirds System standard jointly announced with Matsushita Industrial Co., Ltd. (Panasonic) on August 5. A concept mock-up of the camera will be exhibited September 23-28 at "Photokina 2008," the world’s largest trade fair for the photographic and imaging industries held September 23-28 at the Cologne Trade Fair in Cologne, Germany.