MicroSIMCutter.com has announced the launch of a new tool for cutting SIM cards into the new nano SIM format used by the iPhone 5. The Nano SIM Cutter can reduce both SIM and Micro SIM cards down to the new nano size, and includes two adapters for using the smaller card in both Micro and normal SIM slots. For a limited time the cutter will be offered at the introductory price of $20, including free worldwide shipping.