Olympus filed patent 2012-199834 in Japan for a tilt lens similar to a Lensbaby. Based on the patent description, the lens will not be able to "shift". In addition to Lensbaby, some photographers have also successfully used third party tilt-shift bellows on Olympus m4/3 cameras. Novoflex recently announced new tilt-shift bellows compatible with different mirrorless system via an adapter:
Horseman also has tilt-shift solution for Micro Fourth Thirds mount:
