Have a love for running and technology? In a press release issued earlier today by Nike, the company announced their latest and greatest piece of exercise tech, the Nike+Sportsband.Slated for an April 10 release date, the armband hopes to make training easier for runners by displaying such information as distance traveled, calories burned, pace, and time. Though it is designed specifically for runners who do not use iPods in their exercise endeavors, it would make an excellent substitute for someone who preferred not to use the Nike+iPod setup.

There’s no word yet on pricing from the corporate shoe giant, and there is no word yet if Nike plans on making a similar device to track the productivity of its child laborers in Vietnam.

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