Press Releases

GearWrench® Wins Honor from Circle Track Magazine
Magnetic Oil Drain Plug Socket Voted Top New Product for 2006

Hunt Valley, MD April 26, 2006 The GearWrench Magnetic Oil Drain Plug Socket was recently selected as one of the Top 40 New Products for 2006 by Circle Track magazine, a leading publication for news and information on automotive racing technology.

The editors at Circle Track magazine scoured two leading automotive trade shows in 2005 -- the Specialty Equipment Market Association (SEMA) Show in October and the Performance Racing Industry (PRI) Show in December -- to determine its list of hot new products for 2006. The Magnetic Oil Drain Plug Socket was chosen from thousands of parts, tools and components on display at the SEMA and PRI shows last year. GearWrench’s new specialty Magnetic Oil Drain Plug Socket is currently featured in the May issue of the magazine along with the other winners.

“GearWrench’s commitment to developing innovative and effective solutions for the automotive industry drives us to experiment with new products,” said Jeff Svoboda, president of Danaher Tool Group. “Created by our talented research and development team, the Magnetic Oil Drain Plug Socket is a great product that fills a major void in the industry. We are delighted that it has been chosen as one of the top products for this year by Circle Track magazine.”

Unlike any other product on the market, GearWrench’s Magnetic Oil Drain Plug Socket uses a magnetic socket core to secure the drain plug, enabling an automotive technician to keep his hands and the plug free from exposure to hot oil. This allows for one handed-plug removal and installation. The Magnetic Oil Plug Socket kit has the most popular SAE and metric sizes for oil drain applications, and the sockets are color-coded for easy identification of sizes. The GearRachet handle affords quick socket changes and requires only a five-degree swing. The GearRatchet platform is also used in other products as GearWrench Pass-Thru Sockets System, GearWrench Ratcheting Tap and Die and GearWrench Serpentine Belt Tool.

GearWrench is a premier automotive brand from Danaher Tool Group, one of the largest hand tool manufacturers in the world. Since the launch of the original patented 5° ratcheting wrench, the GearWrench brand has continuously led the industry with breakthroughs in pass-thru ratchets, sockets, screw/nut drivers, pliers and specialty tools. More than 70 million GearWrench products have been “Professionally Tested” throughout the world. Additional information about GearWrench is available online at www.gearwrench.com

About Danaher Tools: Danaher, a diversified technology leader, designs, manufactures and markets innovative products and services with strong brand names and significant market positions. Driven by strong core values and a foundation provided by the Danaher Business System, Danaher_s associates are pursuing a focused strategy aimed at creating a Premiere Global Enterprise. Additional information about Danaher Tools is available online at www.danaher.com.



 


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