From the E-510 press release:
Attachment 4278The Zuiko Digital ED 14 – 42 mm f3.5 – f5.6 Lens (equivalent to 28mm – 84mm in 35mm photography) that perfectly matches the imager so light strikes the sensor directly to ensure rich, accurate colors and edge-to-edge sharpness. Its 3x ED Glass zoom lens covers the range most frequently used in ordinary photography and weighs just 7.5 ounces, offering users an extremely dynamic, portable everyday-use zoom. Close-ups as near as 9.84 inches (0.25 m) are possible throughout the zoom range.