Created by SMS Technology Australia, one of the world’s leading mobile research and design firms, is the M500, the world’s smallest touch screen mobile phone ever made. The phone is designed like a wristwatch, and not much bigger than one either.

The M500 features a 1.5-inch TFT screen which offers a 120 x 160 pixel resolution and is also water resistant. Its quad-band capability offers support for both US GSM frequencies (850/1900 Mhz), in addition to both data and voice Bluetooth. The M500 will be available to ship on May 30th for around $820 with your choice of black or silver strap. If you want one you better jump on the site. There are only 500 of the first edition being produced.