By TLex This was first shown at Basel 2010 and then later released this summer (July I think). I was lucky enough to see one of only ten SAGQ007J made for the Taiwanese market. The Brightz Phoenix SAGQ007 (below with orange minute hand) & SAGQ005 (above) is a limited edition of 500 pieces.
The 42mm x 13.2mm stainless steel diver is water-resistant to 200 meters. It features a 120 unidirectional rotatable divers bezel, an anti-reflective sapphire crystal and screw down crown and case back. The hands and dial markers have been applied with Lumi Brite. It houses the SEIKO 8L35 self-winding caliber with 36 jewels (+15 to -10 secs per day) and a power reserve of 50hrs. Price around 2800USD.