Both Nikon S1000pj and Olympus E-PL1 have 12.0 MP resolution sensors but Nikon S1000pj's sensor is 1/2.3-inch (6.17 x 4.55 mm ) and Olympus E-PL1's sensor is Four Thirds (17.3 x 13 mm ).
Since Olympus E-PL1's has a larger sensor area with the same resolution, this means that it also has a larger pixel area hence better light collecting capacity for a given aperture compared to Nikon S1000pj.
Below you can see the S1000pj and E-PL1 sensor size comparison.
As seen above, Olympus E-PL1 has a 8.0x Larger sensor area than Nikon S1000pj. Larger sensors give photographer more control on the depth of field and blurry background compared to smaller sensor when shot in same focal length and aperture.