Smith & Wesson(R) Statement on Justice Department Enforcement Actions

January 19, 2010

SPRINGFIELD, Mass., Jan 19, 2010 /PRNewswire via COMTEX/ -- Smith & Wesson(R) Holding Corporation (Nasdaq: SWHC), parent company of Smith & Wesson Corp., today made the following statement in response to Justice Department enforcement actions that were announced today regarding one of its employees.

Through media reports today, we became aware of the Justice Department enforcement actions which were taken yesterday and which made reference to an employee of our company. We have no information beyond what has been reported and are prepared to cooperate fully with law enforcement in their investigation into this matter.

About Smith & Wesson

Smith & Wesson Holding Corporation (NASDAQ: SWHC) is a U.S.-based, global provider of products and services for safety, security, protection and sport. The company designs and constructs facility perimeter security solutions for military and commercial applications, and delivers a broad portfolio of firearms and related training to the military, law enforcement and sports markets. SWHC companies include Smith & Wesson Corp., the globally recognized manufacturer of quality firearms; Universal Safety Response, a full-service perimeter security integrator, barrier manufacturer and installer; and Thompson/Center Arms Company, Inc., a premier designer and manufacturer of premium hunting firearms. SWHC facilities are located in Massachusetts, Maine, New Hampshire, and Tennessee. For more information on Smith & Wesson and its companies, call (800) 331-0852 or log on tohttp://www.smith-wesson.com/;http://www.usrgrab.com/; or \\www.tcarms.com.

Liz Sharp, VP Investor Relations Smith & Wesson Holding Corp. (413) 747 3304 lsharp@smith-wesson.com

SOURCE Smith & Wesson Holding Corporation