Mio is gearing up to release another one of its GPS phones, and the latest phone that it’s working on is scheduled to be released in Q1 of 2009, which isn’t all that far away. While official details aren’t out just yet, sources on the Internet indicate that it will be a 3.5G touchscreen phone with GPS, Mitac’s own “Spirit” touch interface, and 3.2 megapixel camera.