This is a 24 Row Read Maxi Pleater which has half cm spacing across the entire width of the roller.
Half spaces can be used as guidelines when smocking and to improve holding difficult fabrics which tend to bubble. The maxi can also be used as a regular pleater, by removing the half space needles.
This pleater has the simple pin-type roller holding system allowing for quick and easy roller removal and needle access.
Dual handles give maximum versatility for left handed users.
The machine is on a stable baseplate  with anti skid rubber feet. 
Included with the machine is an information sheet and I include a tips and hints page and a wooden dowel so you can get started.
This pleater incorporates the best of any pleaters that have been made up till now.

NB Consider buying a thread feeder stand if you don't have one.