Bungee Virtual Lost+Found Introduces Innovative Technology to Facilitate the Return of Lost Valuables

NEW YORK, Feb. 7, 2013 /PRNewswire/ -- Have you ever lost a mobile phone, keys, sunglasses or a digital camera? Most of us have and now there is a solution that anonymously facilitates the easy and safe return of lost valuables. Bungee Virtual Lost+Found (http://www.bungeetags.com), a new product that allows owners to anonymously link valuable property to their cell phone and email, has officially launched. If an item is found, the system is activated by the finder sending a simple text message and works instantly to place the owner and finder in a live anonymous conversation so that retrieval arrangements can be made immediately. In the case of a missing cell phone, Bungee also works through anonymous email. All of the owner's personal information is kept secure through Bungee. An entertaining video that outlines the effectiveness of Bungee can be found here: https://vimeo.com/56777337.

To help raise additional funds for growth, the team from Bungee has launched a campaign through Indiegogo (http://www.indiegogo.com/bungee).

"We have tested Bungee all over the U.S. I even dropped a set of keys in the middle of Manhattan on New Year's Eve and at around 1 AM received a text message saying that my keys had been found and within minutes I had them in my hand," said Bryan Davis, co-founder of Bungee. "Bungee only costs $25 for lifetime coverage. Think about it, over the course of your life let's say you lose a $300 item and when returned Bungee will have paid for itself 12 times over. Not only in dollars, but in time, data retrieval, frustration...you get the point."

Here is how Bungee works:

• Once a consumer purchases Bungee they receive multiple Bungeetags that are in various sizes. All of the tags contain a personal code/serial number.
• Bungeetags are then placed on the owner's valuable items.
• If an item is found, the "finder" follows the instructions on the Bungeetag and sends a text message to Bungee.
• Bungee then contacts the owner via text message and email and bridges an anonymous conversation between the two parties to arrange a safe return of the lost property.

"The service is simple and affordable and while it makes a lot of sense for the everyday consumer, it is also highly relevant in B2B applications," said AJ Bontempo, co-founder of Bungee. "We also designed the technology as a white label system. Insurance companies striving to drive down the cost of lost item claims, corporations seeking to improve loss prevention strategies, OEMs looking to add an additional layer of service and security and many others will benefit from Bungee."

The service is available to consumers through the company's website. Each pack includes 11 Bungeetags to protect valuable items. Service availability includes: 1 year of Coverage, $10 or Lifetime Coverage, $25. Both plans include unlimited retrievals and the Lifetime Coverage plan includes free Bungeetags every 2 years for new stuff.

About Bungee Virtual Lost+Found
Bungee Virtual Lost+Found (http://www.bungeetags.com) is a new system that allows people to anonymously tag property and link it to their cell phone and email. If an item is found, the system is activated by the finder sending a simple text message and works instantly to place the owner and finder in a live anonymous conversation so that retrieval arrangements can be made immediately. The service is available to consumers at the company's website and can also be white labeled for numerous B2B applications. To learn more send an email to ([email protected])

PRLog ID: www.prlog.org/12074710

SOURCE Bungee Virtual Lost+Found