3 strong magnets sewn into a pouch on 1 side of the coolie. Keep your drink secure to metal surfaces, even when the can is full. Made of 1/8" (thickness) neoprene (wet suit) material. Built to fit regular (traditional) size 12 oz. cans. Collapsible bottom, folds flat for storage. Helps prevent surface damage by limiting condensation. Keeps drinks colder longer and hands dry. Graphics are a durable high quality transfer, 1 side print.