Pharos has announced a new Windows Mobile powered GPS device today called the Pharos Traveler GPS 505. It is the first device based on Windows Mobile that Pharos has made. The color display measures a healthy 3.5-inches and is touch-sensitive. It comes with a 512MB SD card full of maps of the 50 biggest cities in the US.

Among the list of features in this route-finding bad boy are voice navigation, a channel with real time traffic and local information, multi-step routing and a rechargeable battery.

Rick Sill, VP of Sales for Pharos, just wants to be heard, “Business travelers often find themselves in cities with tall buildings, so we released the Pharos Traveler with the highly sensitive SiRFstarIII GPS receiver to ensure a steady stream of position fixes in the urban canyon.”

You can run through the urban canyon and buy your own right now for staggering US $649.95.