Yes, that’s right. According to the press release, this new personal GPS unit has full GPS capabilities, e-911, two-way voice speaker phone, and programmable buttons for one-touch dialing, and is the size of a key chain. However, it costs almost $500 and, after the first year, loos like you have to pay for the GPS services. Still, if money is no object….

Here is a link to the article:
http://spatialnews.geocomm.com/dailynews/2005/sep/16/news6.html

and the NOWTRAQ website

(Via SpatialNews.com at GeoCommunity)