The existence of spatially localized solutions in neural networks is an important topic in neuroscience as these solutions are considered to characterize work- ing (short-term) memory. We work with an unbounded neural network represented by the neural field equation with smooth firing rate function and a wizard hat spatial connectivity. Noting that stationary solutions of our neural field equation are equiva- lent to homoclinic orbits in a related fourth order ordinary differential equation, we apply normal form theory for a reversible Hopf bifurcation to prove the existence of localized solutions; further, we present results concerning their stability. Numerical continuation is used to compute branches of localized solution that exhibit snaking- type behaviour. We describe in terms of three parameters the exact regions for which localized solutions persist.