In addition to the Blue Track technology Microsoft is ready to put into as many mice as possible, the company has also revealed a new folding mouse design.

It’s called the Arc Mouse, and the idea is to great a small, portable mouse, like one that you would use with a notebook, but have it flip out like a cell phone to give you a full sized mouse when you need it.

The Arc Mouse looks very slick, and will come in black or red later this month for $60. (There are reports that the mouse is already available in some retail outlets).