Indian technology firm S Mobility, after rolling out its Stellar Pinnacle 3G smartphone in April, launched another handset - Smart Flo Pace 2 Mi-502 - for ₹6,999.

The Smart Flo Pace 2 Mi-502 Android smartphone come sports a 5-inch WVGA 480x800 pixel resolution capacitive touch screen and comes with dual SIM capacity. The device is powered by a 1GHz dual-core processor and packs 512MB RAM and internal storage capacity of 512MB which is expandable up to 32GB via microSD.

"With the launch of Smart Flo Pace 2, we seek to offer better & advanced features at a competitive pricing. This product positions itself as a premium budget phone with enhanced features and better than what competition is offering. We are encouraged by the response to our previous 2G as well as 3G smartphones and this launch reflects our belief in constant innovation and customer delight," said T M Ramakrishnan, CEO - Devices, S Mobility at the launch on Tuesday.

Among other specifications of Mi-502 are Android 4.0 Ice Cream Sandwich OS, 5-megapixel rear camera with dual LED flash,1.3 MegaPixel front camera, 2,100mAh battery and connectivity features like WIFI, Edge, Bluetooth 4.0 and AGPS.

It also comes with pre-installed apps like Hoopz, Nimbuzz and WhatsApp. The phone will be pitted against the recently released Micromax Canvas Viva.

The The Smart Flo Pace 2 Mi-502 smartphone will be available through several online retailers. S Mobility is offering a free leather cover worth ₹500 and a screen guard with every purchase as an introductory offer.

Last week. the company launched its first quad core processor based dual-sim 3G smartphone called Stellar Pinnacle Pro Mi-535 for ₹14,990.

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