Judging to this picture, the new the Olympus XZ-1 compact camera will have a 6-24mm Zuiko zoom lens (28-112mm equivalent) with f/1.8-2.5 aperture range. This model will give some serious competition to the Panasonic LX5 and Samsung TL500. The camera will have HD video, 10MP sensor, 3in. OLED display.
The camera identical to the earlier prototypes shown by Olympus earlier this year:
More pictures after the break: