The quote below hits us via CNet News:

Olympus has set a ship date, albeit one with a lot of wiggle room, for its first high-end compact camera using the Micro Four Thirds technology.

The camera maker first showed a nonworking “concept model” of the camera at the Photokina show last September, and the same model is on display here at the Photo Marketing Association (PMA) trade show. Now, though it sports a label, “launching this summer.”

As a reminder: the Micro four Thirds format will allow the creation of ultra-small digital cameras with exchangeable lenses. Panasonic’s Lumix G1 is the first (somewhat disappointing) product based on the standard…

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