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FASTBACK Flip Utility Knife features Press and Flip, a one-handed blade opening for easy activation. Features a magnetic blade storage that holds one blade and folds into the knife body. Tool-free blade change allows for fast and efficient adjustments. All metal body with lanyard hole stands up to jobsite abuse. Wire form belt clip secures and stores the knife without tearing material. Integrated wire stripper strips up to 10 ga (gauge) wire. Gut hook cuts without opening up the blade.