Yes, there are HDMI switchers/splitters to acheive this. If you cannot find a 1x2 HDMI splitter, look into some of the matrix type switchers. Some of them combine the two functions.
Is HDMI bi directional? I want to play one Playstation 3 on one of two displays and to do this I wanted to use a cheap pushbutton hdmi switch but the only thing i can find are ones that will switch between two hdmi devices on one display. so the question is will it work backwards? can i use these switches to switch one device between 2 displays?