Garmin's new Edge 500 brings sleek GPS functionality to a set of handlebars near you. If you don't want the mapping that the Edge 705 offers, the 500 will give you a much more compact unit.

It is still packed with technology however, offering GPS functions, so you always know your speed and distance, as well as a barometric altimeter.

It can gather your heart rate data, can be hooked up to Garmin speed/cadence sensors and is also compatible with ANT+ third-party power meters.

The battery promises 18 hours of life and all your data can be extracted and shared via Garmin Connect, an online portal where users can share routes or search for routes in their area, and upload it straight to their device.

It also has a simple twist mount, which makes it easy to move your Edge 500 from bike to bike.

Andrew Silver, fitness product manager for Garmin said: "Using feedback from the best focus group imaginable - the professional tour cyclists of Team Garmin-Slipstream, we’ve developed a lightweight cycling computer that’s powerful enough for the pros, yet simple enough for beginners. Complete with a redesigned handlebar mount, Edge 500 streamlines your ride data at a very competitive price". 

As a stand-alone device the Garmin Edge 500 can be yours for £199, or with the heart rate monitor and speed/cadence sensor for £249.