A way to exchange contact information between two people in a quick, easy and fun way is provided. Each user wears a bracelet that includes an embedded communication circuit and a bracelet-to-bracelet proximity sensor. When two bracelets are positioned within an inch or so, the proximity sensor of each bracelet will detect the presence of the other bracelet and will then activate the communication circuit to both transmit and receive an ID code to each respective bracelet. Each received code will be stored in onboard memory and can later be retrieved and used to initiate a more formal connection where more personal contact information (e.g., email addresses, cell phone numbers, etc.) may be selectively and safely exchanged, as desired.In one embodiment, each bracelet includes a magnet and a magnetic field detector. When two bracelets are close to each other or touching each other, each bracelet will detect the magnetic fields of the other bracelet, which will cause the exchange of information between bracelets.According to another embodiment, each bracelet includes an accelerometer and a microphone and associated control circuitry so that should two users decide to exchange contact information, each will create a common gesture (such as a ‘high-five” slap) and simultaneously shout out a predetermined selected audible word, phrase or sound (such as: “alright” or “great”). Once confirmed, the communication circuit of each bracelet will transmit and receive contact information. Both these embodiments and others are described in greater detail below.