Read the original press release of today to Morpheus' post:
http://biz.yahoo.com/prnews/050413/new018.html?.v=6
E Ink Corporation, Seiko Epson Corporation, and Seiko Watch Corporation are pleased to announce the demonstration of the world's first watch to utilize an electronic paper display. This 'Future Now' design incorporates an easy-to-read, ultra-thin, low-power display integrated into an eye-catching curved band. The unique electronic paper display module in this Seiko watch is the result of a joint development effort, bringing together E Ink's 'electronic ink' technology and Seiko Epson's advanced display manufacturing and electronic circuitry techniques. When combined, these technologies offer a wide range of display design possibilities -- including flexibility!
Click here for a high-resolution image.