Smith & Wesson Wins Most Innovative Firearm of the Year

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Smith & Wesson Holding Corporation (Nasdaq: SWHC), parent company of Smith & Wesson Corp., the legendary 155-year old company in the global business of safety, security, protection and sport, today announced that it has received the "Most Innovative Firearm of the Year" award for the company's M&P40 polymer pistol. The 2007 Innovation Awards were presented during the International Association of Chiefs of Police (IACP) conference held October 14-16, 2007 in New Orleans, Louisiana.

The 2007 Innovation Awards program is sponsored by Cygnus Business Media's Law Enforcement Group, which publishes Law Enforcement Technology and Law Enforcement Product News, sponsors The Enforcement Expo, and hosts the website http://www.officer.com. The Innovation Awards recognize companies whose products have best responded to the needs of law enforcement professionals by offering creative and forward-thinking features. Each firearm nominated was judged by a distinguished panel of law enforcement personnel on the product's overall contribution to the law enforcement industry, innovative features, ease of use, durability and maintainability.

"Since its launch, the M&P pistol series has been selected or approved for carry in over 247 law enforcement agencies, which represent more than 60,000 officers across the United States," said Leland Nichols, President and Chief Operating Officer of Smith & Wesson Corp., a wholly owned subsidiary of Smith & Wesson Holding Corporation. "The M&P Series, which offers ambidextrous features, enhanced ergonomics, and proven reliability, has also been selected by numerous law enforcement and security agencies outside of the United States as well. We are proud and honored to earn this recognition from the men and women serving in the line of duty."

The M&P40 pistol features a Zytel(R) polymer frame reinforced with a rigid stainless steel chassis and a through-hardened black Melonite(TM) finished stainless steel barrel and slide for durability; a passive trigger safety to prevent the pistol from firing if dropped; and a sear release lever that eliminates the need to press the trigger in order to disassemble the firearm. A loaded chamber indicator is located on top of the slide. The firearm also features an ambidextrous slide stop, three interchangeable grip sizes and a reversible magazine release, as well as an enlarged trigger guard designed to accommodate gloves. The M&P40 has a 15 + 1 capacity and the Smith & Wesson lifetime service policy is standard with each pistol. The M&P pistol series is available in 9mm, .40S&W, .357SIG, and .45ACP calibers. Compact versions of the M&P pistol are also available for concealed carry and back-up use.