CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Ask the Mole Best Places to Retire Big Tech Blog Techland Blog Sectors and Stocks Fortune 500 Techs Tech Talk 100 Best Places to Launch Ultimate Resource Guide Small Biz Makeovers FSB 100 Ask & Answer Fortune 500 Technology Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

GPS for your shoes

How footwear can find missing people.

Subscribe to Top Stories
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

running_shoe.03.jpg

Isaac Daniel will never forget the call alerting him that his 8-year-old son had disappeared from his school bus queue. Daniel was in New York City on a business trip and immediately jumped on a plane home to Atlanta - only to learn that his boy had sneaked back into school. "He didn't want to pee on himself," Daniel recalls.

That experience got Daniel, 39, a former United Nations analyst, thinking about more efficient ways to find missing people. Result: the Isaac Daniel Co. GPS shoe, which just received its U.S. patent. Daniel's hiking boot goes on sale in December, and his running shoe and children's sneaker will follow in early 2008. The footwear ranges from $289 to $479 a pair, plus $30 a month for GPS monitoring, and Daniel projects $29 million in revenue for 2008.

Embedded in the sole of the right shoe is a small CPU with a 20GB hard drive, which must be recharged every three weeks. Its GPS beacon is activated when the wearer pushes a button on the side of the shoe, or a parent, spouse, or the police calls Daniel's tracking service, ID Conex, to ping the device. The shoes cannot be randomly tracked, however: "We're the only ones who know the frequency and how to get information back," Daniel says.  To top of page

To write a note to the editor about this article, click here.

Photo Galleries
The best credit card for you All credit cards are not created equal. Here are a few we like. More
New Jaguar XJ: Tata's luxury flagship Jaguar rolls out a new top-of-the-line luxury sedan -- the finishing touch on a troubled brand's make-over. More
Cyber-bureaucracy in India An intrepid entrepreneur looks to make millions bringing e-governance to India's remote villages. More
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.