What does MFT stand for?

Take Panasonic's Micro Four Thirds G1 camera from last year.

The digital era's next generation Olympus Pen -- the first ground breaking Olympus Micro Four Thirds model -- also packs all the advantages of Olympus imaging technology including image stabilisation, dust reduction system and bright interchangeable lenses, including the first Olympus interchangeable lenses specially designed for the new Micro Four Thirds format.

The GF-1 joins the LUMIX G Micro System family to expand the product range with the Micro Four Thirds System standard.

1 Megapixel Panasonic Lumix G1 is the first camera to feature the Micro Four Thirds System standard, and the first mirrorless system camera of its kind.

The combo of pocketable dimensions and ease of use was innovative back then and with its Micro Four Thirds innards, the E-P1 is just as forward-thinking today.

The new lens system uses both an aspherical lens and an ED len in its fourteen lenses in ten groups to realize outstanding compactness, taking advantage+ of the Micro Four Thirds standard to achieve dramatic downsizing while minimizing distortion and chromatic aberration.

At the high-end of the range, the new Lumix G-Series cameras incorporate Panasonic's unique technology with a new digital interchangeable lens system that is based on new Micro Four Thirds System - a new concept jointly developed by Panasonic & Olympus which takes advantage of the compactness and light weight of the camera which is made possible by an innovative mirror-less structure.

Now, Olympus Imaging and Panasonic are expanding the potential of the Four Thirds System standard even further, enabling the development of radically more compact and lightweight interchangeable lens type digital camera systems based on the Micro Four Thirds System standard.