Olympus E-420 Top Profile  (Source: Olympus)

Olympus e-420 with Kit Lens  (Source: Olympus)
The Olympus E-420 is sized more like a point-and-shoot camera than a DSLR

Olympus announced a new digital SLR camera called the E-420 that it bills as the world’s smallest DSLR camera. Despite its small size, Olympus promises a full feature set.

Olympus says the E-420 is small enough to fit into a purse or jacket pocket with measurements of 5.1-inches by 3.6-inches by 2.1-inches the E-420 is sized more like a point and shoot camera than a traditional DSLR. The camera is also very lightweight at only 13.4 ounces.

Other features of the E-420 include autofocus with a live view LCD that allows users to frame shots with the LCD screen rather than the view finder is desired. The LCD itself is a 2.7-inch HyperCrystal II promising twice the contrast and better viewing in bright conditions. The camera uses a 10-megapixel Live-MOS sensor promising clear images even at high ISO settings.

The E-420 is also compatible with wireless flash units form Olympus including the FL-50R and FL-36R. The camera supports CompactFlash Type I/II, Microdrive and xD-Picture cards for storage and the lens mount is a four thirds system. A dust reduction system is built-in and uses Supersonic Wave Filter technology. Images can be shot in 12-bit RAW format, JPEG, or RAW+JPEG.

The viewfinder is an eye-level single-lens reflex design with approximately a 95% field of view with a magnification of 0.92x. Image stabilization is not included. The autofocus system uses 3-point multiple AF and has an available focusing aid. The ISO sensitivity rage is ISO 100- 1600 in 1EV steps and the shutter speed is from 2 – 1/4000 of a second. The camera ships with a 14-42mm f2.8 kit lens. Availability is scheduled for late April at about $599 for the kit with lens and $499 for the body only.

DailyTech recently covered Olympus-rival Sony which launched a pair of new D-SLR cameras as well called the A300 and A350.

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