US Patent Issued to Nite Ize on Aug. 11 for "Systems and methods for a ratchet multitool device" (Colorado Inventor)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,703,067, issued on Aug. 11, was assigned to Nite Ize Inc. (Boulder, Colo.).

"Systems and methods for a ratchet multitool device" was invented by Bowden Ormsbee (Longmont, Colo.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A ratchet keychain attachment includes a body and a ratcheting area in the body. The ratchet keychain attachment further includes a bit holder, the bit holder pivotally mounted in the body. The ratchet keychain attachment further includes a bit, removably located in the bit holder, the bit holder having a first position where the bit is held in a non-removable position in the bit holder and a second position where the bit is in a rem...