It is CNC finished 316L Stainless Steel, water resistant and has a 1.39" AMOLED 400x400 display, protected by Corning Gorilla Glass.
The makers are working with open source developers around the world to make OXY the "perfect SmartWatch".
The Android 5.11 ELF OS has been developed specifically for wearable devices.
The watch is powered by an Ingenic M200 1.2 Ghz dual core chipset, has 1GB of RAM and an eight GB Flash Drive.
In comparison, the Apple, Moto 360, Huawei and Zen watches have 512mb RAM and 4GB eMMC.
You can run any application compiled for Android Lollipop 5.1.1 and most of the applications compiled for Android WEAR.
The OXY claims to be the only watch compatible with Android, iOS and Windows OS.
Owners can download applications and watch faces using the OXY companion app.
They can run custom watch faces and Android applications in standalone mode or in conjunction with a smartphone.
The watch is feature rich and is fitted with a gyroscope, accelerometer, magnetometer, heart rate monitor, ambient light detector, and vibrating motor.
The watch also is fitted with a gesture detection motor to make it easy to interact with applications and turn the watch on and off.
The watch is charged using a magnetic system to give the watch water resistance.
The watch lasts for two to three days in normal use and has a standby time of seven days or thereabouts. It weighs 61 grams - without its wristband. I like it very much.
Fingers crossed this goes into full production, and delivers a ladies version that does not swamp the smaller wrist. I will be first in line when it does.