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We've been shooting with the Olympus PEN E-P5 for some months now and have now completed our review. The arrival of the E-M1 may have grabbed the limelight in recent weeks but the latest PEN deserves its share of the attention. Although it continues the classic PEN look, it shares most of its specifications with the E-M5, which should make it pretty competitive - but what's it like to use? And, just as importantly, what's all this talk about 'shutter shock'? 
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The Lenstip editorial office received the Olympus M.Zuiko Digital 17 mm f/1.8 lens already on the day of its launch courtesy of Olympus Poland. Such a fast reaction mobilized our team to test the device as soon as possible and today we can present its full review. Enjoy!
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Photokina 2012: Olympus has refreshed its PEN series with the PEN Lite E-PL5 and PEN Mini E-PM2 16MP touch-screen mirrorless cameras. Both models feature the 16MP sensor and TruePic VI image processor first seen in the OM-D E-M5. Both cameras also gain 460,000 dot, touch-sensitive rear LCDs, with the ability to focus and shoot by touching the screen. They can also shoot at 8 frames per second. The E-PL5 offers a mode dial, an extra button, flip-up LCD and E-P3-style screw-on front grip over the PEN Mini. The E-PL5 will cost $699 with the 14-42mm retractable zoom, while the E-PM2 will cost $599 with the same lens. Click here to read our hands-on preview of the E-PL5 and E-PM2, including E-PL5 real-world samples
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"Our hands-on preview of the Olympus 75mm F1.8 for Micro Four Thirds. The 75mm is Olympus' premium grade portrait lens for the joint Olympus/Panasonic mirrorless system. We've had a pre-production example in the office for a couple of days and have prepared a hands-on preview, to which we'll add a samples gallery when the promised production example arrives."
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"We've just posted our review of the Olympus OM-D E-M5. The E-M5 is the first in a line of OM-D Micro Four Thirds cameras, featuring an electronic viewfinder and resembling the company's classic OM line of SLRs. It boasts a 16MP Four Thirds sensor and a '5-axis' image stabilization system, wrapped-up in a compact, weather-sealed magnesium alloy body with a tilting rear screen. It's also one of the most customizable cameras on the market. So does the range-topping camera live up to Olympus' promises? Click here to find out."
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"A spokesperson for Olympus has said that if Canon introduces its rumoured APS-C size mirrorless camera, it would be a mistake."
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"The E-M5 is the first of Olympus' OM-D range of Micro Four Thirds cameras and is styled to look like the its classic OM series SLRs. We've had a chance to use one of the most rumored and speculated-about cameras of recent years and have prepared a full, hands-on preview. We take a look at the camera's features and explain its levels of customization. Click here to find out more about what goes on behind the E-M5's pretty exterior."
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"Olympus has issued updated firmware for its latest PEN models to better cope with the recently launched Micro Four Thirds power zoom lenses. Firmware v1.2 is supposed to result in a more accurate display of focal length on the camera display, in EXIF data and in playback. Firmware can be downloaded either via the Olympus camera software or by using the 'Digital Camera Updater' utility downloaded from the company's website."
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"Olympus has announced a weather-sealed 12-50mm F3.5-6.3 motor zoom lens with macro capabilities. The M.ZUIKO DIGITAL ED 12-50mm F3.5-6.3 EZ covers the 24-100mm equivalent range and is optimized for video capture. It offers multi-speed powered zooming with a manual zoom option. It also has an AF-hold button (marked as L-Fn) that suspends AF to avoid re-focusing on the wrong object. It is the first Micro Four Thirds lens to feature the same level of sealing as the company's high-end SHG lenses for Four Thirds DSLRs."
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"Olympus's woes have deepened after the Tokyo Stock Exchange placed its shares 'under supervision' and warned of possible delisting. The news follows the admission thatsenior executives colluded for decades to hide investment losses from the market, and a subsequent statement from Olympus that it would not be able to submit its quarterly earnings report on schedule. The TSE has warned that the company will be delisted if the report is not submitted by 14th December, prompting a further fall in its shares which have now lost almost two-thirds of their value over the past month."
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"Olympus launched its Pen range of Micro Four Thirds mirrorless interchangeable lens cameras (ILCs) with the E-P1 in 2008. Announced in June 2011 the Pen E-PL3 is the third generation of the range that melds the company's iconic 60's design with 21st century digital imaging technology. Nicknamed the 'Pen Light' the E-PL3 is a smaller, lighter and simpler version of the Pen flagship E-P3 and is now also joined by a third Pen, the entry-level E-PM1, also known as the Pen Mini..."
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"The Olympus company (and it’s been also true for Panasonic for a short time) offers the smallest digital reflex cameras’ sensors, in the 4:3 format to boot. The focal length’s multiple, amounting to as much as 2, suggests that the owners of this brand name bodies can have problems with wide angle lenses – that devices, in order to provide a wide angle of view, must have very short focal lengths and it entails significant design challenges.
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The Micro 4/3 system, due to the Olympus and Panasonic cooperation, has been developing very fast; so fast that currently we have over 20 original system lenses with a whole variety of parameters at our disposal. Some of the newest ones are two new fixed-focal Olympus devices, which were presented 30 June 2011. We think here about the Olympus M.Zuiko Digital 12 mm f/2.0 ED and the Olympus M.Zuiko Digital 45 mm f/1.8. The first has already been tested by us, now the time has come for the second one.
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The Olympus M.Zuiko DIGITAL ED 40-150mm 4-5.6 R MSC may not be the hottest lens around in terms of generated excitement. However, it is certainly one of the most sold lenses of the micro-four-thirds (MFT) system - simply due to the fact that it is usually sold as part of camera-lens kits (either with a black or silver color finish). Given its specs it is a mid-range tele zoom lens suitable for a variety applications such as basic wildlife or portrait photography. The "R" model is an improved version of the initial 40-150mm - if you count in the Four-Thirds variants this is even the 4th incarnation.
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Photokina 2012: Olympus has unveiled the XZ-2 enthusiast compact camera with a 12MP 1/1.7" back-illumination CMOS sensor and touch-screen. The XZ-2 features the same 28-112mm equivalent F1.8-2.5 lens as the XZ-1 but adds a more modern sensor, screw-on hand grips, tilting touch-screen and a two-mode control dial around the lens. In one mode the dial features click-stops, allowing control over discrete features such as aperture or exposure compensation, but flip the switch on the front of the camera and the ring rotates smoothly, and switches to controlling zoom or manual focus. The XZ-2 will sell for around $599/£479.99.
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"It doesn't take a genius to figure out which are the hot cameras at any one time. Last year it was the Fuji X100 and Sony NEX-7. So far this year been it's the Nikon D800/e, the Fuji X-Pro 1, and the subject of this review, the Olympus OM-D E-M5. How to know if a camera is hot? Just try and buy one during the first six months or so."
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We've prepared a user guide to the Olympus OM-D E-M5, uncovering some of the more interesting features that might not be immediately apparent to new users.
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"I’ve always been fascinated by pancake lenses. It just amazes me that something that small can actually function. As I mentioned in an earlier post, we’ve been taking things apart to determine where and how (and sometimes if) the lenses can be adjusted optically. So, I decided to do two pancake lenses for mirrorless cameras side-by-side to see how they differed (the Sony 17mm f/2.8 E mount and the Olympus 16mm f/2.8 micro 4/3 mount). I wasn’t sure there would be much we could do with pancakes (and there wasn’t), but I still found the look inside rather interesting."
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(Reuters) - Japanese police and prosecutors have arrested seven men, including the former president of Olympus Corp and ex-bankers over a $1.7 billion accounting fraud -- one of the country's biggest corporate scandals.
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"Olympus has finally announced the long-rumored E-M5, the first of its OM-D range of Micro Four Thirds cameras. The E-M5 is built around a 16MP sensor and features the company's latest 5-axis image stabilization system that works for both stills and movies. It can shoot 1080i60 movies in MOV format (h.264 compression) and includes a 1.44M dot EVF in its weather-sealed magnesium alloy body."
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Olympus E-P3 review by Thom Hogan... "If this were Microsoft, the third version would be the one where they got it right."
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"The lack of pure speed is no longer an argument against micro-four-thirds (MFT) as more and more lenses like the the Panasonic Leica Summilux 25mm f/1.4 ASPH or the Olympus M.Zuiko 12mm f/2 ED have entered the market. However, the system wasn't really blessed with dedicated "portrait" lenses ... till Olympus announced the M.Zuiko Digital 45mm f/1.8. Its field-of-view is equivalent to about 90mm in full format terms so it fits perfectly into that category. The maximum aperture of f/1.8 is certainly fast with respect to light gathering, but in terms of depth-of-field you are are effectively "loosing" about two f-stops in this respect compared to the classic full format. However, this is still sufficient for quite shallow depth-of-field images especially for portrait photography from short distance. Fair enough, let's have a closer look at the lens."
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"Olympus has dismissed its executive vice president after admitting concealing losses on investments. In the most serious revelation since the departure of former chief executive Michael Woodford, the company said that funds from previous acquisitions had been used to hide losses on securities investments since the 1990s. The news saw Olympus shares fall in value by up to 30% during Tuesday's trading. Click here to read more details from BBC News
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"The classically-styled PEN series has given Olympus the opportunity to draw attention to its film-era history of making small, popular cameras. But it wasn't just the size and style of the PEN and Trip cameras that helped their success - it was also their simplicity. And it's this ethos that explains the E-PM1, or PEN Mini as it is likely to be promoted to its target audience. The logic behind the design is undeniable - the collapsible zoom and slightly smaller sensor of the PEN series (compared to Samsung's NX or Sony's NEX cameras), helps make the E-PM1 an impressively compact package, so far as large-sensor mirrorless cameras go. There'll still be arguments that it's not truly pocketable, but it's undeniably more convenient to carry than any DSLR. So, depending on how you look at it, the PEN Mini is either the most simplistic mirrorless model yet, or most of the company's flagship E-5 DSLR for the cost of a high-end enthusiast compact. Either way, its combination of being both relatively small and relatively inexpensive is worth looking closely at...."
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From the outset, Olympus has positioned its E-PL lineup as a simplified, lower-cost alternative to its higher-end E-Px cameras. The release of the third generation Olympus PEN E-PL3 (dubbed PEN Lite) continues this tradition while sporting much of the functionality and nearly all of the performance gains of its big brother, the Olympus E-P3. One difference this time around, however, is the simultaneous arrival of the E-PM1/PEN Mini, which now becomes the entry-level model in the PEN lineup. The PEN Lite sits between the PEN Mini and Olympus' flagship E-P3, offering a combination of external control points and compact-camera-like handling that may appeal to those who want high image quality in a small package, and are ready to move beyond an 'auto everything' experience...
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