Quickly magnetize or demagnetize screwdriver tips and power bits with this simple two-function tool. Magnetized tips hold screws in place for one-handed driving, reducing drops in tight spaces.

• Dual function: magnetize and demagnetize
• Pass tool through square hole to magnetize
• Pass through U-shaped channel to demagnetize
• Works with screwdrivers, nut drivers, and power bits
• Permanent magnets -- no batteries required
• Compact pocket-sized design