The Tech Wallet bridges together fashion and technology to make losing wallets a thing of the past while expanding Chipolo’s worldwide Lost & Found Network

LAS VEGAS, Jan. 08, 2018 (GLOBE NEWSWIRE) -- At the 2018 International Consumer Electronics Show, Chipolo, the Bluetooth tracker startup giving every item the power to be found, announces a partnership with iconic menswear fashion brand, Perry Ellis, to bring consumers the Tech Wallet. The smart wallet, designed for the modern man, is made of genuine leather and leverages the world’s thinnest Bluetooth tracker, Chipolo Card, to prevent consumers from losing their wallets.

The Tech Wallet from Chipolo and Perry Ellis

“Everyone has experienced that sinking feeling in your stomach when you realize that you’ve lost your wallet. If you’re like me, you carry half your life in your wallet between credit cards, IDs, insurance cards and money,” said Primož Zelenšek, CEO and co-founder of Chipolo. “If your lost wallet falls into the wrong hands, you could be the victim of identity theft and fraud that could have long-term repercussions. Through our partnership with Perry Ellis, we are making more items trackable and expanding our community search feature. The larger our community becomes, the more we can minimize the headache of losing personal possessions like wallets for consumers around the globe.”

Available in black and at 4.25" wide x 3.25" height, the genuine leather wallet features a customized sleeve, which sleekly conceals the Chipolo Card without adding extra bulk. When the Tech Wallet goes missing and is within 200 feet of the user, they can sound a 95-decibel ring to locate it. If the wallet is lost outside of that range, Chipolo’s global Lost & Found Network, which is already enabling more than 1 million users around the world to find more than 50,000 lost items daily, will automatically start searching for it. When another Chipolo user passes by misplaced wallet, the original user will receive a confidential update with the wallet’s last known location.

“Today’s millennial man is constantly on-the-go, and with so many distractions, he’s more at risk to leave his wallet behind in the airport or a coffee shop,” said Perry Ellis Creative Director Michael Maccari. “Melding Chipolo’s simple, yet powerful technology with our unique wallet design allows us to offer a lifestyle solution that merges the gap between fashion, function and versatility.”

The Tech Wallet will be available for $75 at Macy’s in stores and online and on PerryEllis.com in February 2018.

Additionally, Chipolo is announcing new partnerships with Bragi, makers of the world's first hearable, and Wistiki, a French Bluetooth tracking company, which enables more consumers to take advantage of Chipolo’s community search future. Through its partnership, Bragi headphones will be introducing the Chipolo tracking technology in a future Bragi Operating System release to reduce the likelihood of losing or misplacing the headphones. It will also allow Bragi customers to tap into Chipolo’s community search when their headphones go missing.

Further expanding Chipolo’s community, Chipolo’s partnership with Wistiki will merge both companies’ Lost & Found communities together, arming Chipolo and Wistiki users with one massive support network to give them peace of mind knowing that they’re never alone in their search for misplaced items. By sharing data, which is anonymized and can’t be used to identify specific users, both companies can expand their already substantial Lost & Found communities without sacrificing confidential user information.

Visit Chipolo’s booth #44355 in the Sands Expo at CES from January 9-12, 2018 for a first look at the Tech Wallet, as well as Chipolo’s recently launched second generation Chipolo Plus and Classic, which received hardware updates and new box and logo designs as part of the brand’s refresh. Attendees can also demo Chipolo-integrated Knomo products at the booth.

About Chipolo
Chipolo, Inc. is an innovative multinational technology company, recognized as one of the leading brands on the Bluetooth tracker market. With Chipolo smart devices people can connect their belongings to the Chipolo app and from there on into a global community that is also open to external business partners and their products. Present in more than 200 countries and growing rapidly, the company is revolutionizing the way people look for their misplaced and lost belongings. Chipolo strongly believes in the power of its community and is already finding more than 50,000 misplaced items every day. With an exponentially growing network, they are paving the way to a world where we find everything together.

Media Contact
Paige Thornton
Uproar PR for Chipolo
PThornton@uproarpr.com
312-878-4575 x 240

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3918e566-de47-43d5-a0b2-7853d56ad955