Nike leaks out new product: Nike with watch not iPod

This is a quite surprising news i got from here,Nike is leaking their new product on the website. It's called Nike Speed + Men with a description on the website as shown below

"See time fly. The Nike Speed+ watch tells you exactly how far you’ve come while you log mile after mile.
* Watch receives signal from Nike+ sensor and converts data to speed and distance information.
* LCD displays distance, pace, elapsed time and calories.
* Summary run data is sent to USB for tracking on nikeplus.com
Nike Electrolite delivers one-touch backlighting."

This product only comes with stylish black color. Unfortunately no price or information of when it will officially launched.