Patent ID: 7188821

Claim:
A magnetic assembly for reversibly securing an object to a base plate capable of carrying a magnetic current and secured on a surface, the magnetic assembly comprising: (a) a housing formed of a material capable of carrying a magnetic current, wherein the housing has an open underside having a depth and a lower peripheral edge, wherein the lower peripheral edge defines a plane; (b) a magnet disposed within the open underside, wherein the magnet has a top surface, a bottom surface, and a thickness between the top surface and the bottom surface, the thickness being lesser in dimension than the depth of the open underside such that the bottom surface of the magnet is disposed in the open underside so as to be spaced above the plane of the lower peripheral edge a predetermined distance; (c) a fastening assembly adapted to couple an object to the housing; and (d) means for limiting lateral movement of the magnet assembly relative to the surface.