Its design is based on the Cosina CX-2, with the difference being that it lacks a swiveling front and self-timer.

[3] In the mid-1990s, a group of enthusiasts from Vienna persuaded LOMO to restart production,[2] which continued until 2005, and they formed the Lomographic Society International, distributing these cameras around the world.

This, in conjunction with the rear-curtain flash-sync, results in interesting effects with flash photography in low ambient light levels.

A battery checking feature uses a LED inside the viewfinder; if there is sufficient power this illuminates whenever the shutter release button is lightly depressed.

Another viewfinder LED illuminates whenever the camera's chosen shutter speed is below 1⁄30 s. The size and shape is very close to that of the Cosina CX-2, the main difference being that the lens bezel is fixed (unlike the rotating one of the CX-2).