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PQI announced the release of their Cool Drive U360 today, which works by connecting computers by means of the USB port. This gadget makes it so file transfers can be completed between the computers at speeds of up to 17MB/s.

The U360 will be available in sizes spanning from 4GB to 16GB and contains software that’s meant to allow folders between computers sync up. It can also apparently sync Outlook information.

This device can support both PC and Mac operating systems including Windows ME up to Vista and Mac OS X 10.1 or newer. We don’t know the price or release date for the Cool Drive U360 from PQI yet, but we’ll keep you posted.