New Olympus Pen E-PL5 and E-PM2 Mirrorless Cameras and Primes, XZ-2 Point-and-Shoot

Olympus has announced the new 16MP Pen E-PL5 and E-PM2 mirrorless interchangeable lens cameras with 4/3 Live MOS sensors, along with two new compatible primes: a special edition M.ZUIKO 12mm f/2.0 and a macro 60mm f/2.8. Also new is the Olympus XZ-2, a 12MP point-and-shoot camera with a fast 4x wide-angle f/1.8 28-112mm lens, a BSI CMOS sensor and a swivel 3” OLED display. 
Both of the new Pen System cameras feature the same sensor, mount and TruePic VI processor that’s found in the Olympus OM-D E-M5. Rapid autofocus is crucial, so the cameras are equipped with the F.A.S.T. autofocus system, which stands for Frequency Acceleration Sensor Technology. They’re capable of shooting 8 fps, and both feature in-body image stabilization, 12 in-camera art filters, a maximum ISO of 25600 and they can record 1080i HD video. The external FL-LM1 flash is included with both models. While the E-PL5 and E-PM2 share some features and functionalities, there are qualities that set them apart, which are explained below.
The Olympus Pen E-PL5

The speed of the E-PL5 is carried through to its 3” flip portrait LCD touch screen, which provides immediate response for autofocus and shutter, enabling you to focus and fire off a shot with the tap of a finger. Its F.A.S.T. AF has face and eye detection. The touch screen flips upward for low angles of view, and can be positioned so you can stand in front of the lens and shoot self portraits. The E-PL5 features an accessory port and is available in Black, White and Silver.

In addition to having a large 16MP 4/3 Live MOS sensor, the new E-PM2 has a dedicated button for the Live Guide feature. Live Guide allows you to view different effects on the LCD in real time. The 3” touch screen on the E-PM2 has a responsive vertical bar that helps you navigate. This camera has iAuto exposure mode and 23 scene select modes. It’s outfitted with a built-in grip, which wasn’t available on the previous version of this camera, the E-PM1. The new E-PM2 is available in Black, White, Red and Silver.

Both of the new Olympus prime lenses are compatible with the Pen camera systems. The wide 12mm fixed focal length M.ZUIKO has a fast f/2.0 aperture and 0.5x magnification. The 60mm fixed focal length macro features an f/2.8 aperture. Both lenses are constructed with ED glass, which helps to reduce chromatic aberrations.
The Olympus XZ-2 Fast Point and Shoot

The new XZ-2 is the latest addition to the Olympus X Series of cameras. It’s a fast point-and-shoot camera with a fixed iZUIKO 4x-wide optical zoom lens that has an aperture range of f/1.8-2.5, with a 35mm equivalent focal length of 24-96mm. The sensor is a 12MP 1/1.63” back-side illuminated CMOS. Like the new Pen cameras, it’s equipped with the TruePic VI image processor, but unlike those cameras, the XZ-2 can record full 1080p HD video (as opposed to 1080i) and has a dedicated movie button. It’s rounded off with a 3” swivel touch LCD, dual image stabilization, iHS technology, in-camera panorama, 11 digital art filters and an accessory port.

These products were just announced and are available for pre-order now at B&H.
  E-PL5 E-PM2 ZX-2
Lens Mount Micro Four Thirds
(2x Crop Factor)
Micro Four Thirds (2x Crop Factor) None, fixed lens
Pixels 16 Megapixel 16 Megapixel 12 Megapixel
Sensor MOS, 17.3 x 13mm MOS, 17.3 x 13mm 1/1.63" CMOS
Image Processor TruePic VI TruePic VI TruePic VI
File Formats JPEG, MPO, RAW JPEG, MPO, RAW Not Specified
Max. Resolution Not Specified Not Specified Not Specified
Image Stabilization Yes, in body Yes, in body Optical & Digital
Lens M. Zuiko 14-42mm f/3.5 M. Zuiko 14-42mm
f/3.5
11 elements in 8 groups
EFL: 6.0-24.0 mm (35mm equivalent: 24-96 mm)
Aperture: f/1.8 (W)
- 2.5 (T)
Filter Thread Front: 40.5mm Front: 40.5mm None
Zoom Not Specified Not Specified Optical: 4x
Digital: 4x
Focus Range Not Specified Not Specified Not Specified
ISO Sensitivity 100 - 25600 100 - 25600 100-6400
Shutter Not Specified Not Specified Type: Mechanical
Speed: 2.0 - 1/2000 sec 
Exposure Metering Not Specified Not Specified Center-weighted, Digital
ESP, Spot
Exposure Modes Not Specified Not Specified Modes: Aperture Priority, Auto, Low Light, Manual, Program, Shutter Priority
Compensation: -2 EV to +2 EV (in .33 EV steps) 
White Balance Modes Not Specified Not Specified Auto, Cloudy, Daylight, Fluorescent, Underwater
Burst Rate Not Specified Not Specified Not Specified
Self Timer Not Specified Not Specified 2 Sec, 12 Sec
Interval Recording Not Specified Not Specified No
Remote Control Not Specified Not Specified RM-UC1 (Optional)
Built-in Flash No, external flash included No, external flash included Yes: Auto, Fill-in, Off, Red-eye Reduction, Second-curtain Sync, Slow Sync, Slow Sync./Red-eye Reduction 
Effective Flash Range 10' (3.05 m) ISO200  10' (3.05 m) ISO200  Not Specified
External Flash Connection Hot Shoe Hot Shoe Hot Shoe, Wireless
Available Colors Black, White, Silver Black, White, Silver, Red Black
Memory Card Type SD
SDHC
SDXC
SD
SDHC
SDXC
SD
SDHC
SDXC
Video Recording Yes, NTSC/PAL, 1080i HD Yes, NTSC/PAL, 1080i HD Yes, NTSC/PAL, 1080p HD
Video Clip Length Not Specified Not Specified Not Specified
Viewfinder Type LCD Screen LCD Screen LCD Screen
Screen 3" LCD
Touch-screen Swivel
3" LCD
Touch Screen
3" LCD
Touch-screen Swivel
(614,000 pixels)
Software Requirements Windows: XP, XP (SP2), Vista, Vista (SP1), 7
Mac: OS X 10.3 or later 
Windows: XP, XP (SP2), Vista, Vista (SP1), 7
Mac: OS X 10.3
or later 
Windows: XP, XP (SP2), Vista, Vista (SP1), 7
Mac: OS X 10.3 or later 
Wi-Fi Yes, with optional transmitter Yes, with optional transmitter Not Specified
Operating/Storage Temperature Not Specified Not Specified Operating
32 to 104 °F (0 to 40 °C)
Humidity: 30 - 90%
Storage
68 to 140 °F (20 to 60 °C)
Humidity: 10 - 90% 
Battery Not Specified Not Specified LI-50B Rechargeable Lithium-Ion Battery Pack
AC Power Adapter Not Specified Not Specified F-3AC (Optional)
Dimensions 2.44 x 1.71" (6.2 x
4.34 cm)
Not Specified Not Specified
Weight 5.29 oz (150 g) Not Specified Not Specified
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