Patent ID: 7290470

Claim:
A rotary tool comprising: a tool holder including a socket and a shank, the socket having a first end, a second end, and an opening extending rearwardly from said first end toward said second end, said shank being integral with and extending rearwardly from said second end of said socket, said shank having a non-circular cross-section; a reversible bit having a sleeve, a first reversible bit driver, and a second reversible bit driver, said sleeve including first and second axial end cavities, said first bit driver disposed in said first axial end cavity and coupled to rotate with said sleeve, said second bit driver disposed in said second axial end cavity and coupled to rotate with said sleeve, said first and second axial end cavities being of sufficient axial length to accommodate said first and second reversible bit drivers, and wherein said sleeve is disposed within said socket opening such that said sleeve rotates with said tool holder and one of said first and second bit drivers extends axially out of said socket opening; and a rotatable sleeve disposed over at least a portion of said socket and said bit driver extending axially out of said socket opening, said rotatable sleeve including a magnet in an end proximate said bit driver extending axially out of said socket opening to retain a fastener.