Leatherman is looking to capture an interesting market in releasing a multi-tool that is also a wearable piece of technology like a fitness band.
Leatherman Tool Group announced this week that they will be introducing one of the most-unique, and possibly useless pieces of gadgetry or technology that has ever been imagined. It’s called “Tread” and is composed of 17-4 stainless steel links. It essentially looks like a mini-link chain, on your wrist, and it works to appeal to those who either travel, spend a lot of time outdoors or like to be one with nature. The tool is said to boast 25 tools, and each link – is said to serve its function.
Ben Rivera, the President of Leatherman, said that the tool was inspired by a trip to Disney where he was stopped by security for carrying a multi-tool, or knife on him when he entered the park. He said in reference to how this wearable was designed, “I knew there had to be another way to carry my tools with me that would be accepted by security.” At first glance, it’s hard to tell what this multi-tool is, or how it’s even a multi-tool. But, at the end of the day, it does have a few solid functions. It features two types of screwdrivers, as well as box wrenches. There is a blade, but not the traditional type of blade many are used to seeing on these types of multi-tools.
If that’s not enough, the bracelet does also feature hex drives, a carbide glass breaker, as well as a SIM card pick. While those are interesting features, it doesn’t necessarily mean that this particular wearable will be anything that people will be wearing this summer when the bracelet is set for release. It’s something that’s obviously made well, but customers aren’t looking for wearables the way traditional tech companies might have thought they would.
Simply put, the demand just isn’t there like it might have been at one time, or like the company might have thought. Though it’s a great idea on paper, in real world application this simply does not seem like the type of thing that will catch on with any vigor heading into 2015. However, the quality of the bracelet should at least attract some buyers, heading into the rest of 2015.