Here is, the Jolla Phone with Sailfish OS: the story behind the project and Specs.

So far, not too known, Jolla Phone, carries a history behind it. In fact, Jolla was started by Sami Pienimäki, Jussi Hurmola, Marc Dillon, Stefano Mosconi, ex-Nokia employees and Antti Saarnio, as a company to continue MeeGo smartphone development. Therefore, an existing company entity (formed in March 2011) was used
and renamed to Jolla in October 2011.

Regarding the Specs, it brings: 4.5 inch Display (960 × 540p), Multitouch with Gorilla2 Glass, Qualcomm Snapdragon DualCore 1.4 GHz, 16 GB storage, 1GB RAM, MicroSD, 8MP AF camera (LED flash) and 2 MP Frontcamera, 4G LTE

About Jolla
Jolla was born in 2011 out of passion of its founders towards open innovation in the mobile space. At the core of Jolla is Sailfish, the most modern, mobile-optimized operating system. Running on Sailfish we are creating Jolla smartphones, which are designed with the most recent consumer needs in mind, such as intuitive use, multitasking and effortless interaction.
We believe that the best way of creating something meaningful is DIT, doing it together.  Since the beginning, the community has been at the heart of our idea generation, technology development and distribution. Continuous, open dialogue with the community is the way forward!
Currently we are a team of 80+ people and have our offices in Helsinki and Tampere, Finland and Hong Kong, SAR of China.