[May 23, 2013] MotionsTek Kicks Off Crowdfunding Campaign in Support of Tag*it Tweet May 23, 2013 (Close-Up Media via COMTEX) -- New technology from MotionsTek, a Taiwan-based technology developer, might put lost and found departments out of business. According to a release, Tag*it is a discrete tracking device that pairs with a user's smartphone. By gauging relative motions, the technology knows when a wallet, purse, or other personal valuable is moving too far away. MotionsTek has launched an Indiegogo campaign with the objective of earning enough funding to participate in the 2014 Consumer Electronics Show. Considering the cost of items like designer handbags and high-end smartphones, Tag*it represents a more than worthwhile investment. Users simply insert the small tracking device inside a wallet, purse or other valuable, the company said. "Tag*it is 'smart' tracking technology, which makes it unlike any other tracking tool on the market," explains Tim Chiu, marketing manager at MotionsTek. "Tag*it switches to a dormant mode when there's no immediate danger, preserving battery life. The algorithm we have developed all but eliminates embarrassing false alarms. Tag*it's inertial sensor can distinguish between ordinary motion and the motion of a wallet falling to the ground, or worse, a thief slipping it out of a pocket unnoticed." Chiu added: "Tag*it is not merely about preventing theft or loss. It's about eliminating all of the wasted time people spend just 'looking for' things. With Tag*it, people can be more productive and carefree." Tag*it relies on low-energy Bluetooth 4.0 technology to sync the device to a user's smartphone and comes with a micro-USB cable for charging. Under normal conditions, a single charge can last a month or more. Charging takes about two hours. Via the accompanying smartphone application, all the functions and settings can be controlled with only a few swipes. MotionsTek added that it hopes to raise at least $40,000 toward the goal of exhibiting at CES in Las Vegas. ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]