An anonymous contact has let me know that Olympus will be releasing a new camera named the D450L, it will apparently be the same form factor and resolution as the ever popular D400Z (AKA. C900Z) but will feature much faster operation and new burst mode operable in any resolution. This info should become more apparent towards the end of August, suggested retail price will be around the $500 mark.

As yet, this is unconfirmed by Olympus so treat it as such.