CrunchGear

Nike will release a stand-alone device in April that’s similar to the Nike+iPod deal, confirming earlier rumors. Nike has named it the SportsBand and it’ll accomplish all the tasks that Nike+iPod does, like keeping track of distance covered, velocity, etc. It’s not going to replace Nike+iPod outright, as the original rumors suggested, but rather augment and diversify Nike’s lineup. It’s for people who don’t have, or don’t want to buy, a nano just to be able to exercise.

A German Mac site reports that it’ll cost you €60, or approximately $8 billion given the current exchange rate.

Nike+Sportsband [MacLife.de]