Seiko introduced the first e-Ink watch in 2005, and they have announced their next generation watch to be released later this year. The new watch will have an active-matrix display and 80,000 pixels, each capable of four different shades of gray. The Active Matrix EPD (electrophoretic display) screen will have 300 dpi resolution, which will produce a display that is much sharper and clearer than the previous watch, and the screen will be programmable. Seiko has also greatly increased the power efficiency of the e-Ink display for this watch. It will use only 1/100th of the power consumed by the same sized screen using current e-Book technology. There is no pricing information available yet. You can read the full press release here.