Pebble Technology, makers of the highly succesful Pebble watch that blasted through its $100,000 goal on Kickstarter with over $10,000,000 pledged will announce "big news" at CES 2013 on January 9. I would guess, it's likely to be a release announcement. Pebble connects to Android and iPhone smartphones and offers downloadable watchfaces and useful internet-connected applications. It will work great as a cycling and running tool, it will control your music and even give you notifications.
If you aren't attending CES 2013 you'll be able to watch the annoucement live at www.getpebble.com. Members of the media at CES can get more info by singing up here, and Pebble backers attending can sign up here.