Olympus has unveiled their new interchangeable-lens digital camera – Olympus OM-D. Based on the Micro Four-thirds standard, the Olympus OM-D claims to be the world's first to feature dust and splash-proof capability, with built-in electronic viewfinder and 16-megapixel new Live MOS Sensor and TruePic VI image processing engine.

It looks like digital cameras are going the retro way. From the "revival" of Olympus PEN series three years ago, and we have also seen Fujifilm introduced their FinePix X100 and X-Pro1 cameras with the classic design. This morning, Olympus unveiled their new OM-D, from the Olympus OM line started in the 1970's; the "D" in the model name stands for digital. The Olympus OM-D claims to be the world’s first mirrorless camera that is dust and splash-proof, and features 5-axis image stabilization to compensate for camera shake during shooting. It incorporates 16-megapixel Live MOS Sensor with TruePic VI image processing engine that can capture images of good quality and high sensitivity, and features a built-in electronic viewfinder that lets you check various shooting conditions in real-time, high sensitivity ISO 25600, 3-inch OLED touchscreen swivel viewfinder, and fast AF Autofocus system plus 3D tracking for improved performance on tracking fast moving objects.

Comes in black and silver options, the Olympus OM-D is scheduled to be available end of March, though local pricing details is not available at press time.