'Cesium 133' wristwatch, which has been developed by Bathys Hawaii, is extremely accurate and it loses only a second once every 1,000 years, Discovery News reported.
Its mechanism is similar to that of government's atomic clocks.
The whole atomic clock system of these wristwatches are contained in a computer chip, while it still needs a cavity full of cesium gas.
This makes it a bit bulky, but the company claims that it is planning to get the size down.
The starting price of the Cesium 133 is expected to be 12,000 dollars once it enters production.
--ANI (Posted on 03-10-2013)