Smarty Ring ~ Finger Control of Mobile Apps!

Thanks to DM's Victoria Woolaston for spotting the Smarty Ring, a...

"...stainless steel gadget [which] connects to smartphones via Bluetooth using a dedicated app. Its LED screen lights up each time the wearer gets an email, text message, Facebook and Twitter notifications and phone calls, and the ring can also be used as a remote control."

(Seems too good to be true. I hope this is not merely "design & visualization" exercise and they've actually figured out power management, etc.)