FiLIP helps parents easily call and keep track of their children. Of course, the watch tells time, but it can also pin down a child's location. Parents can program up to five numbers into the gadget, which kids can call with the touch of a button. Using the FiLIP app, parents and other pre-authorized adults can track the child's location, make calls, send texts and set "SafeZones," which are virtual radii around a specific destination.

The FiLIP's simple interface only includes two buttons, one of which is bright red. In case of emergency, the child can hold down the red button, prompting the watch to call the first person in its contact list. If no one answers, the watch calls the other four assigned contacts. It also sends a notification with the child's location to the first contact. While the child waits, the FiLIP plays a relaxing melody.

Each gadget costs $199.99 and with an AT&T plan, parents can pay $10 a month for unlimited location data, as well as voice calling. Users can download the FiLIP app for both iPhone and Android.