Olympus has released details of its latest flagship PEN interchangeable-lens camera, the PEN E-P5, along with a new electronic viewfinder and changes to three popular prime lenses.

-

The PEN E-P5 shown in silver and black versions, the former fitted with the 17mm f/1.8 lens and VF-4 viewfinder. (Source: Olympus.)

Equipped with the same 16-megapixel image sensor and processor chips as the OM-D E-M5, the new camera has a solid metal body and is the first PEN camera with integrated Wi-Fi support. Highlights of the new camera are summarised below:

–  16 megapixel LiveMos image sensor [ISO LOW(100) ““ 25600]
 –  TruePic VI advanced image processor
 –  World’s fastest shutter speed in a compact system camera of 1/8000 second plus 0.5 second start-up speed
 –   Fast autofocus speed using FAST-AF technology with super spot focusing
 –  WiFi built-in with advanced wireless LiveView and wireless Touch Shooting capability with dedicated iOS and Android app (O.I. Share v2.0)
 –   Advanced 5-axis Image Stabilisation built into the camera (max. -5EV stabilisation; stills and video; stabilised Live View; automatic panning detection)
 –  Full HD video with Multi-motion image stabilisation (broadcast quality)
 –  3-inch tilting LCD with 1.04 million pixel resolution
 –  9 frames per second shooting speed
 –   Focus Peaking assistance for manual focusing
 –   Spot Autofocus adjustability (up to 1/70th of diagonal screen length)
 –   Photo Story in-camera photo-montaging
 –  Time lapse feature with automatic time-lapse movie creation
 –  Compatible with up to 58 Micro Four Thirds lenses (13 from Olympus)
 The new camera is scheduled for release in July and will be offered as a body-only option (unlike its predecessor, the E-P3) as well as several kits with bundled lenses and the new VF-4 electronic viewfinder.  The detachable EVF is available as an optional accessory. It features 2.36 megapixel resolution and 1.48x magnification. A detailed ‘First Look’ at the Olympus PEN E-P5 and EVF can be found here.

Announced concurrently with the E-P5   and VF-4 is the intention to release black versions of three of the most popular Olympus prime lenses: the 17mm f/1.8, 45mm f/1.8 and 75mm f/1.8. This will enable buyers to choose lenses to match the black body versions of the E-P5 and OM-D E-M5 cameras.
 

-

The black versions of the 17mm f/1.8, 45mm f/1.8 and 75mm f/1.8 lenses. (Source: Olympus.)

A suite of ‘premium’, hand-stitched leather accessories will also be available for the PEN E-P5, including a neck strap, camera case and shoulder bag that can accommodate the camera plus several lenses and other items.

-

The new    ‘premium’, leather camera bag that will be offered for the PEN E-P5.  (Source: Olympus.)

Details of the new products will be posted on Olympus websites worldwide, along with pricing information when it becomes available.

FOOTNOTE: Several  US-based  online re-sellers have the PEN E-P5 listed for pre-ordering for US$999.99 for the camera body or US$1449.99 for the body plus 17mm f/1.8 lens and VF-4 viewfinder. The VF-4 is listed at US$279.