Olympus Korea will release its next generation digital camera that is known as the Olympus Pen (model: EP-1) with interchangeable lenses. Designed by renowned style guru Yoshihisa Maitani, the camera represented the perfect marriage of simplicity, style and performance. This small camera can also record HD quality videos with depth of field and Art Filter effects familiar from still photography. The E-P1 also adopts all the advantages of Olympus imaging technology including Image Stabilization, a dust reduction system, and bright interchangeable lenses. The Olympus EP-1 will be available for 795,000 Won or around $620 (excluded lenses).