<s>
The	O
Olympus	B-Algorithm
XZ-1	I-Algorithm
is	O
a	O
high-end	O
10.0	O
megapixel	O
compact	B-Algorithm
digital	B-Device
camera	I-Device
announced	O
and	O
released	O
in	O
January	O
2011	O
.	O
</s>
<s>
In	O
the	O
high-end	O
compact	B-Algorithm
camera	I-Algorithm
market	O
,	O
its	O
main	O
competitors	O
are	O
the	O
Panasonic	B-Device
Lumix	I-Device
DMC-LX5	I-Device
and	O
Canon	B-Device
S95	I-Device
though	O
the	O
S95	O
's	O
lens	O
is	O
considerably	O
slower	O
at	O
most	O
focal	O
lengths	O
.	O
</s>
<s>
Competing	O
compact	B-Algorithm
cameras	I-Algorithm
which	O
are	O
capable	O
of	O
shooting	O
in	O
Raw	B-Application
mode	O
include	O
Canon	B-Device
PowerShot	I-Device
G12	I-Device
,	O
Fujifilm	B-Algorithm
X10	I-Algorithm
,	O
Nikon	B-Algorithm
Coolpix	I-Algorithm
P7100	I-Algorithm
,	O
Samsung	B-Algorithm
TL500/EX1	I-Algorithm
,	O
and	O
the	O
previously	O
mentioned	O
Panasonic	B-Device
Lumix	I-Device
DMC-LX5	I-Device
.	O
</s>
<s>
A	O
similar	O
category	O
to	O
high-end	O
compact	B-Algorithm
cameras	I-Algorithm
are	O
mirrorless	B-Device
interchangeable	I-Device
lens	I-Device
cameras	I-Device
(	O
"	O
MILC	B-Device
"	O
)	O
,	O
some	O
of	O
which	O
are	O
in	O
a	O
compact	B-Algorithm
form	O
factor	O
(	O
with	O
a	O
similar-sized	O
body	O
)	O
,	O
such	O
as	O
the	O
Panasonic	B-Device
Lumix	I-Device
DMC-GF2	I-Device
,	O
Olympus	O
PEN	O
E-P1/E	O
-P2	O
,	O
and	O
Sony	O
Alpha	O
NEX-3/5	O
.	O
</s>
<s>
MILCs	B-Device
differ	O
however	O
in	O
being	O
significantly	O
larger	O
(	O
with	O
lens	O
attached	O
)	O
,	O
and	O
significantly	O
higher-end	O
,	O
featuring	O
much	O
larger	O
sensors	O
and	O
interchangeable	O
lenses	O
.	O
</s>
