This is the Olympus SZ-31MR iHS:
iHS is an Olympus technology and stands for Intelligent High Speed, Intelligent High Sensitivity — view an explanatory video on YouTube.
Sample photos and videos
Official, full-resolution image samples at Olympus Japan.
Resources
Official Olympus SZ-31MR page at Olympus America.
May 08, 2012 press release on DPReview.com.
Related
Olympus cameras — Main page