Olympus has released a firmware update for their four thirds lens, the M.ZUIKO Digital ED 12-50mm F/3.5-6.3 EZ macro lens. The update adds support for Panasonic functions and enhances the lens' abilities!

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The Financial Times reported on Tuesday that Olympus expects a net loss of ¥32 billion ($413 million) this year due mainly to asset write-downs* on the camera division. The medical division appears to be healthy and Olympus president Shuichi Takayama stated he expects that segment "to post a 22% rise in operating profit for the fourth quarter to the end of March."

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Olympus has posted several videos regarding their latest and greatest, the E-M5.

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With the announcement of the E-M5 μ4/3 camera, Olympus has finally given many of its followers what they had been asking for all along. In fact, many mirrorless fans had been asking for the same thing from any company. To wit:

• Compact body
• Integrated EVF
• Quality construction
• Weather sealing
• Fast AF
• Manual controls for both aperture and shutter speed

It's a short list of requirements, and one that many DSLR models have been fulfilling for years (except for the compactness), so why can't we get all this in a mirrorless camera? Nobody knows the answer!

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Olympus has just announced the E-M5, a micro four thirds camera, with specs and innovation that rival other competitors. Using the classic design of the Olympus OM, they manage to fit modern day electronics inside of it, making it a modern camera once again.

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