Watchmaker Fossil has licensed the Palm operating system for a watch-cum-PDA due out next year. The Wrist PDA features a touch-screen, a stylus integrated into the band, 2MB of memory, an infrared port, and standard Palm applications such as address book, date book and memo pad. The device was announced last week at the Comdex tradeshow in Las Vegas. Earlier this year, Fossil launched a set of Wrist PDAs that could hold data transferred from handheld computers, but were not fully functional PDAs. The new Wrist PDA is fully compatible with the Palm OS platform and will run all Palm OS applications. It can be used as a standalone device, unlike the earlier Wrist PDAs. The device will be manufactured by Flextronics, a large Singapore-based contract manufacturer. It will be sold under the Fossil and Abacus brands and will be in stores in the US and other countries in mid-2003, Fossil and PalmSource said. Pricing has yet to be announced.