The Saygus Vphone V1 is slated for release as the third Android phone on Verizon. We know–who, what, and where is Saygus? Honestly, we wish we could tell you, we’ve never heard of the company until now. Saygus will be the third Android phone on Big Red (which is quickly becoming the home for Android devices) and was created through Verizon’s own Open Development Program designed to make it easy to deliver Android handsets to Big Red’s CDMA Network.

The specs are actually halfway decent and if it does really launch on Verizon, it’ll certainly warrant a closer look.

* 800×480 3.5 inch capacitive touchscreen
* 624 MHz Marvell processor (PXA 310)
* 512 ROM / 256 RAM
* 5 Megapixel autofocus camera with flash, front facing camera for video calling
* GPS, WiFi, Bluetooth, accelerometer, compass, FM Radio
* 1500 mAh battery

What do you guys think of the purported third Verizon Android Phone?

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Tags: Android phone, compass, GPS, Verizon Android Phone, wifi