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The 'Quick Release' Magnetic Bit Holder You Have To Have. In todayÆs fast paced world and everyone up against a time line, you donÆt want to work harder, but smarter. The 'Quick Release' function will save you time. Changing bits takes just seconds. Push the 'Quick Release' foward with ease, pop the bit out, insert a new one and let go. The 'Quick Release' pops right back into place. ItÆs that easy. Designed for use with any length and type of bit. Made of Stainless Steel. Available in 2' & 3'<br><br> This item is made of 305 Stainless Steel