As if your dog isn’t pampered enough with expensive sweaters and fancy steaks, here’s another luxury item that actually sounds useful.

On4 Communications is planning to release a cell phone for dogs. The PetsCell is a two-way, waterproof communication device with GPS. The phone allows owners to speak directly with anyone who finds their pet, and owners can track their pet’s location in real-time through a PC or hand-held device. Owners also can set a “geo-fence” boundary and are notified via e-mail when the pet steps out of the virtual perimeter. No word yet on street date or price, although the company says it is ready for commercial production.

PetsCell [Textually via Shiny Shiny]