Losing a phone or having it stolen can be a nightmare to some (okay, to most). In order to find that lost or stolen lifeline, all you need is the iHound Software. It is an application that uses GPS and WIFI signals built in your phone to track its location.
How does the iHound Software work? Keep the iHound Software application running on your iPhone or iPod Touch, and if you misplace it just visit the iHound tracking website to find the approximate location of your phone. It also offers an alarm system that you can use to alert others that your phone has been lost or stolen.