Oakley, the company famous for their sporty sunglasses, has announced a new watch called the Oakley Time Tank. The Time Tank is a Swiss-made chronograph that has a 13-jewel movement. The watch has three sub dials that measure cumulative time, intermediate time and split time down to the tenth of a second. The watch has luminous phosphors on the minute and hour hands for improved visibility. It has a 48-month battery and comes with either leather strap or a titanium bracelet reinforced with carbon fiber. It has a sapphire crystal and a screw-down crown means it is water resistant to 330 feet. The Time Tank should be available in the second quarter of this year. The leather strap version is $995 and the titanium bracelet version costs $1195.