Garmin has launched a new GPS aimed at cyclists, the Garmin Edge 500, which has a built in GPS receiver and it is designed to provide cycling statistics via GPS.

Using feedback from the best focus group imaginable – the Pro Tour cyclists of Team Garmin-Slipstream, we’ve developed a lightweight cycling computer that’s powerful enough for the pros yet simple enough for beginners,” said Dan Bartel, Garmin’s vice president of worldwide sales. “Sitting sleek and snug on a redesigned handlebar mount, Edge 500 streamlines your cycling statistics for a fraction of the cost of comparable head units.

The Garmin Edge 500 can track your speed, distance, time, GPS position, elevation and calories burned, as well as climb and decent using a barometric altimeter that detects a change in your elevation.

The Garmin Edge 500 looks like a cool gadget for serious cyclists who want to keep track of all their data, it will go on for $249.99.

via Gadget Venue