Are there similar device available in market?

I used to dream of making a new mobile which has a pendrive slot in it because every time transferring the data with the help of Bluetooth or USB cable takes a long time.

But Kingston has impressed me very much by launching the

microDuo

which is not only a pendrive for computer but also a pendrive for mobile phone. Seriously a very smart move. I just want to know if there are any similar devices available in market.

Yes there is. Iball made a similar pendrive. I don't remember its model number or name.. but there definetly is one.
please google it.