Looks like the guys at Praesto have been very busy. They will be launching 2 new watches soon. The watches, a Driving (Sports) watch and a Divers watch, looks good. Below are photographs of the watches. I believe the photographs are a 'mock-up' of the actual watch, but you get the idea.
I have to say that I like both the watches. They look very very nice with the red highlights and black case. There is not much in terms of specifications and pricing as yet. I believe the watches should be out sometime in the middle of the year or 3rd. quarter. I will bring more updates once I get more information about the watches.
The Diver. I like as it has a very 'industrial or utilitarian' look.
The Driving or Sport watch. Got to love the chequered dial design.