Abstract: A system and method for locating objects in an approximate immediate proximity to a user is disclosed. A two-way radio transponder system is employed with a Coordinator as a parent device and multiple Identification Tags as child devices. The system is low-cost and consumes relatively low power using advancement in microcircuit technology and additionally the system employs predetermined timing cycles to further optimize power consumption. The Coordinator has a microprocessor programmed to compare signal strength in successive communication cycles to help determine the proximity of the Coordinator to the multiple Identification Tags. Additionally, in a preferred embodiment, motion sensors are used to assist in determining relative motion between Coordinator and Identification Tags. A USB port is further included for the system to interface with a PC.