According to Engadget, the product was originally slated to launch in Spring, but now Summer is here, and HTC has decided not to release it at all. At least, not in the form we've seen.
A spokesperson told Engadget that HTC "decided to align Grip with the entire product portfolio for health and fitness launching later this year" after wear testing and feedback. In short, a better version of the Grip may come before the year is up, and it may not be alone. So if you were sitting around hoping for HTC to give up on making all of these non-smartphones, well, this probably isn't quite the news you were hoping for.
Alternate title: HTC Loses Its Grip, But Holds On To Its Fitness Goals