An ejectable floatation device includes a foldable inflatable cell coupled to a compressed gas cartridge. The inflatable cell includes a tether with one end attached to the inflatable cell and the opposite end attached to the user. The inflatable cell fits within a pocket encapsulating the ejectable floatation device, and is made buoyant upon actuation by the user of compressed gas. The inflated cell exits the pocket floating to the waters surface while still being attached to the user to identify his/her position in the water. The pocket encapsulating the ejectable floatation device may be formed on a waistband or armband or the like.