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Thanks to Eric on the WatchUSeek Omega Forum for pointing out this article to me. The link to Omega's website (which contains a few pictures) is below:

Wednesday 24 January 2007

An outstanding movement for a pioneering generation of elegant, high precision timepieces.

BIENNE/Geneva, 24 January 2007. Always at the forefront of technical innovations and renowned as the watchmaking company which produced the first-ever industrialised movement, OMEGA presented its exclusive in-house manufacture calibre 8500/8501 to a select audience during a press conference which took place today at the Cité du Temps in Geneva.

Replete with technologically- advanced features, the new automatic movement is a COSC*-certified chronometer comprising 202 completely redesigned components. It is naturally equipped with an upgraded version of OMEGA’s proprietary Co-Axial technology guaranteeing prolonged timekeeping accuracy and reliability over time. This virtuoso 13-lines movement has two barrels which increase the energy source to provide greater stability, thus ensuring an impressive 60-hour power reserve. These attributes are complemented by a bi-directional self-winding mechanism and a time-zone function which enables the precision to be maintained when the hour hand is set. The intricate beauty of the mechanism is echoed in the luxurious decorative finish as fine black screws complement the delicate snail-wave engravings. This movement is also available with an 18 ct red gold rotor and balance bridge (calibre 8501).

To celebrate the launch of this exclusive manufacture movement, OMEGA proudly unveils an exceptional collection of timepieces within the De Ville range aptly named Hour Vision. The unique case is a revolutionary feat of engineering enhancing the visibility of the meticulously-crafted movement through four translucent sapphire lateral-openings. The refreshingly unadorned Hour Vision dial features facetted gold hands with delicately-polished sides. The curvilinear bracelet is easily adjustable as it incorporates an innovative screw and link system, the finishing design touch being the OMEGA emblem inserted on the clasp.
The new OMEGA Hour Vision collection has been specially conceived as a complete creation of craftsmanship embodying in a new generation of high precision and elegant timepieces all the experience gained from OMEGA’s 159 years of pioneering in the field of mechanical watchmaking.

The prestige watch manufacturer OMEGA was founded in 1848 and since then has continually set the pace in the many fields of watchmaking: from precision, competitions, sports timekeeping, design awards to watches for professional use in space or underwater, OMEGA identifies with a world of achievements that includes the conquest of space, timekeeping at 22 Olympic Games, numerous precision records and design awards as well as the launch in 1999 of the revolutionary Co-Axial calibre, one of the 20th’s century’s major innovations in mechanical watchmaking, designed with the English star watchmaker George Daniels. OMEGA will be Official Timekeeper for the Beijing 2008, Vancouver 2010 and London 2012 Olympic Games.