Timex is coming out with a GPS enabled training watch called Timex Ironman Global Trainer. The watch is equipped with SiRF Star III GPS receiver that can get you your speed, distance, and even pace.Nothing your Google Tracks apps can’t do on your Android phone but we don’t think you’d want your phone on your during swimming part of the triathlon.

Back to this GPS training watch – Timex can record 100 waypoints to track back and create routes, has 50 meter water resistant case, for display panes that can be customized, and a special USB connection for charging and syncing.

Timex Ironman Global Trainer with GPS is compatible with Timex Heart Rate and Bike Sensors, and other third-party bike power sensors using ANT+.

We’re not sure how much this GPS enabled Timex watch will cost but our source tells us it will be available in U.S. of A starting this May at REI stores.