Similar to AOL's "Find Me", Germany's Mobilco offers their Buddy Alert .
German developer Mobiloco, an Ericsson Mobility World business partner, recently launched a location-based service called Buddy Alert, which easily locates your friends. It could be handy if you are downtown and feel like some company over a coffee.
MOBILOCO’s Buddy Alert offers it’s users the opportunity to locate their friends via mobile phones. Just one SMS or two clicks on their WAP-Browser and users know, which of their friends are nearby. Both friends will instantly be notified and can get in touch with each other easily via call, SMS or mail