Update: The product is called RAZRWire and it should be launched sometime in the second half of 2005.

Motorola has announced a partnership with Oakley to create Bluetooth headset eyewear. Currently Oakley is selling a line of sun glasses with an MP3 player built-in, but it’s not clear if the Bluetooth line will have a similar design. Details and designs are set to be unveiled by mid-year.

Company executives said their mutual objective is to deliver evolutionary and innovative products for consumers who want hands- free, untethered operation of their electronic devices.

Oakley is a leader in premium sunglasses and also has a range of apparel/accessories.