Hello, welcome to FixYa.com, where an abundance of eager helpers await to help you find solutions to your problems. A preliminary glance at your problem suggests that the driver is missing from your computer which helps identify the camera. If you can reinstall the software at this website, your computer will then know about the camera when it is connected.
http://www.olympusamerica.com/cpg_section/product.asp?product=1314&fl=15
Also, here are some more tips:
Are any firmware updates available for my camera?
Use the
Update Camera function in the OLYMPUS Master 2 software packaged with your digital camera to find out whether firmware updates are available for your model. An Internet connection is required to perform the operation.
For detailed instructions on how to update the camera's firmware, click
here.
Note: If multiple firmware updates are available for your model, it may not always be possible to update directly from the current firmware version in your camera to the latest available version. In such cases, updates must be applied in stages. For this reason, it is recommended that, after updating the camera firmware, you immediately check again for additional updates. Simply repeat the update procedure to apply subsequent updates.
How can I download images and movies from the camera to a computer?
Complete instructions may be downloaded by clicking
here.
Adobe Reader® software is required to view the file. It is available as a free download from Adobe's web site. Click
here to download the latest version.
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