SMS Technology from Australia has developed a hybrid product which combines the regular watch and mobile phone. Going by the specifications on the site, this time telling machine aka M500 has touchscreen interface, 128MB of memory, USB support, bluetooth and 80 hours of standby time. M500 has also got an approval from FCC.

Product Page

PS: Check out the iPhone-esque interface, this product might be featuring it. Is Apple reading this?

[Via Gadgetell]