For all you fitness freaks out there, Timex has a new offering. The Timex digital HRM (Heart Rate Monitor) system is made up of the M640 chest strap and M685 watch. It got the approval from the FCC.

The HRM includes a Speed + Distance (S+D) sensor that acquires signals from GPS satellites overhead and determines your position almost anywhere on the globe, allowing the M685 watch to calculate your speed and distance.

No word on the pricing or availability yet, but it should be out soon.