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Editorial in www.etmm-online.com:

AMB News: Toolholder reduces tool change times for turning, milling
09/06/2012 | Editor: Eric Culp

The direct-clamping system is said to increase productivity.

The QuickFlex quick change system for turning and milling applications combines an ER collet chuck and a quick change system in one toolholder to reduce tool change times and increase productivity, according to WTO.
Read more:
http://www.etmm-online.com/machining_accessories_cutting_tools/articles/377095/?cmp=beleg-link