Australian SMS Technology stopped selling the M500 wristwatch mobile phone directly. They have now signed distribution deals for the U.S. and Europe.

The U.S. distributor is Brightpoint, which is selling wireless products to carriers and other businesses.

The European reseller for the unique GSM watch is Dangaard Telecom, which funny enough was just acquired by Brightpoint.
The question now is which provider or store will offer the M500 wristwatch phone in time for the holiday shopping season. SMS sold the M500 for about $1,000. I definitely hope the price will be way lower once offered from a reseller in the U.S..

The SMS Technology M500 mobile wristphone is water resistant and is a Quadband GSM phone supporting frequencies 850Mhz, 900Mhz, 1800Mhz and 1900Mhz.
Other features of the M500 are a 1.5 inch color touch screen with 120 x 160px resolution, 128MB Built-in Memory, MP3 and MP4 player, Bluetooth 2.0, USB, Java, WAP, SMS, MMS, talk time of 200 minutes and a standby time of 80 hours.

More details on the SMS Technology site.