This will be a happy news for Android Wear owners. Their device may get Lollipop update later today followed by new watch faces.
A reliable source to Google disclosed this information to Phandroid.com yesterday. With OS update, Wear will get a couple of brand new watches and some app updates too.
Android experts predict that first Lollipop release for Wear devices may add new features to Android Wear’s Companion app, new setting panel, material design and bugg fixes. If you are a Wear owner, just wait for Google’s yummy magic to arrive in your gadget.