The Triple Action by Active People is a yo-yo released as part of their YO2 line. It is an auto-return yo-yo featuring a three-way clutch system, and a switch that allows the user to select three different settings, similar in functionality to the Yomega Power Brain XP. The user can set the yo-yo on "A" for auto-return, "FREE" for a free-spinning mode, or "LOCK" for locking the transaxle sleeve in place so that it would behave like a fixed axle yo-yo.
The Triple Action also has a Butterfly shape for string tricks. Also released was the Triple Moon, which features an Imperial shape for looping tricks.
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Diagram
Triple Action in Red
Side view and profile