Designed to be paired with your lovely smartphone, CobraTag (PhoneTag) will tell your smartphone position by ringing its alert and lock your phone when the phone is separated far enough or when you are purposely pushing the button.
The CobraTag and the smartphone is using PhoneHalo application via Bluetooth connection to be linked. When it’s already paired, you enable to find the location of the phone via CobraTag or find the CobraTag via the phone (2 ways finder).
Moreover, the CobraTag records your GPS location of the phone when the time your phone separated or lost. It gives you more clear investigation when and where the last time your phone is near you.
Cobra Electronic Corporation (COBR) will release the CobraTag to US market in July 2011 for MSRP $59.99. Did you see it at CES 2011 or at CTIA 2011? It can also protect your Bluetooth enable devices. [Dandy Gadget Source]