Verizon and Motorola are possibly preparing to announce not one new device next month, but two. Some new details have turned up showing what we’ve previously been calling the RAZR Mini, now being listed as the Motorola DROID M for Verizon. This mid-range smartphone is still rather impressive though, and could accompany their new DROID RAZR HD.

Now there is a chance the entire September 5th media event hosted by Verizon and Motorola in NYC could be only about this phone, but it’s a rather mediocre device to have a huge event for. Many were predicting the DROID RAZR HD (that we’ve heard so much about) as the headline. Now the chances that Moto announces two smartphones is looking quite possible.

What we know so far about the DROID M (XT907) is that it’s rather close to the RAZR in terms of specs, except it has seen a decent upgrade in the CPU department. Rumors have it detailed as sporting a 4.3-inch qHD 960 x 540 display (not HD) and running on the 1.5 GHz dual-core Qualcomm Snapdragon S4 processor like the Galaxy S III and DROID RAZR HD.

Obviously it will have 4G LTE and the usual Kevlar coating on the rear for protection and splash guard. Not a whole lot else is known about this mysterious handset but we have a feeling Motorola will be sharing all the details come September 5th. If the rumors and leaks are accurate this handset should hit Verizon soon at the entry level price of $149. Stay tuned as we’ll be live in NYC for the actual event.

[via Droid-Life]