The Ladybag fabric purse, aimed at young professional women, could put an end to leaving the house without the cell phone, house keys, or wallet. The Ladybag is embedded with sensors that alert its owner when it detects certain missing items.The owner's keys, wallet and cell phones are tagged with radio frequency identification devices (RFID), and when those items are taken from the bag, a small screen on the bag shows which object is missing from its contents.
The LadyBag can also detect and display its owner's emotions on a light-emitting diode (LED) screen on the bag. If the owner hugs the sides, the bag's display screen will show a happy face emoticon. If she fiddles with the zipper, it shows a nervous emoticon.
Source: Project Ladybag | Discovery | Working.com