Apparently, a smartphone could win an award even before it's released.

Meet Saygus' upcoming handset, the Saygus V Squared (stylized as the image above). According to Phone Arena, the device has already won a CES 2015 Innovation Award, making its appearance in the upcoming event just as likely.

For those who may not know, Saygus is a Utah-based phone maker which may have hibernated from popular memory in the recent years. Engadget cited the company's previous appearance in the 2010 CES, where it showcased the Android QWERTY VPhone.

As described by the outlet, the VPhone was once a high-end device that packed the ability to make two-way video calls despite slow networks.

The Saygus Team announced, "The V² (V Squared) provides a plethora of unique features and benefits to the user that are not found in current smartphones. Employing designers who hoped to break the mold of existing smartphone standards and expand the imagination of the consumer, we designed and created the new V²."

"Not found in current smartphones" sounds very interesting, and it's good to know that the manufacturer already spilled some of the device's specs ahead. To begin with, the V Squared packs a Qualcomm quad core 2.5 GHz, quad core Snapdragon processor. The device houses 64 GB of on-board flash memory, as well as an expandable storage.

The V Squared features an "edge to edge border less" 5-inch, 1080p, FHD display that includes sunlight viewable capability. This means users can check out photos or videos under direct sunlight. Camera specs include a 21 MP rear snapper and a 13 MP selfie shooter.

On top of these specs, Saygus also took pride in announcing that the device comes with a "new waterproofing technology with optimal moisture and water protection." Phone Arena cited the makers claiming that the V Squared will be "fully waterproofed."

Additionally, users can expect an online security technology feature that's said to yield "superb online protection."

The device's release date remains uncertain at this point, but with an expected appearance at the CES, we might hear official word coming from its makers pretty soon. For more information about Saygus, click this.

The Consumer Electronics Show (CES) takes place in Las Vegas, Nevada on Jan. 6 - 9, 2015. You can check out its official website here.

More smartphones, TVs, wearables and virtual reality headsets expected to launch in the upcoming show may be found here.

Are you impressed by the specs of Saygus V Squared? Which devices could become its competition?

Recall the earlier VPhone (via IntoMobile on YouTube) below.