From 1970's to late 1980's, Strippit used 2 of these  Duel-Optical Vane Switches  to provide No-Punch Zones to protect Workclamps from being  "Punched".   Usually  2 switches were used,  1 on X-axis 
and 1 on Y-Axis.   When a X switch was blocked,  a Workclamp was near  X Punch-Centerline.
If a Y switch was blocked,  you had Y-Axis and Workclamps all the way in near  Y Punch-Centerline.
Switches are Wired-In-Parallel,  so that  Only if you had  BOTH  Sensor Switches Blocked,  would you
create a  "No Punch Zone"  where Machine Would Not Punch,  saving Workclamps from damage.
Note,  some late model  FC1000/3  &  FC1250 Machines  used only 1 switch,  on the  X-Axis only.
They used a X-axis sensor and  Known Y Position in Control's Software  to create  "No Punch"  Zone.
Each sensor block is really 2 Optical  (infrared light beam)  switches,  1 for  3 1/2 inch  Large stations,  and  1 for  1 1/4 inch  Small stations,  so we have both Large and Small  No-Punch Zones.
Sensors have Several Problems;
1  --  Clearances between the 2 Metal Workclamp Vanes and Sensors are  Very Small.   Make sure 
that  Both  Workclamps Vanes go through the 2 Switch-Slots  Without Touching  Anywhere!
Check Weekly,  or  even Daily!!!     If Vanes Hit,  Expensive Sensor is Destroyed,  Vanes are Torn-Up,  Mounting Screws are Sheared off,  etc.     Its expensive and a real-pain to properly repair.
Loose Workclamps are a Major cause of Vane Crashes.
A Smashed No-Punch Zone Sensor is the Most Common Failure there is on Machines!
2  --  Sensors can get oily and dirty,  which will Block light beams,  giving a  False No-Punch Zone.
Gently Clean the  4 Small Sensors Tips with  Q-Tip Cotton Swabs and Rubbing-Alcohol.
Do Not use a Stronger Solvent which will Melt Sensors!
3  --  Reflected Light  can Activate sensors even when blocked by Workclamp or Y-Axis Metal Vanes,
allowing you to Punch your Workclamps.    Clean  Metal-Vanes with Solvent,  then Paint with 
 Flat-Black  Spray Paint.     Do  NOT  get any Paint on Sensors!
4  --  Sensors were Custom-Made by Strippit,  so they are Expensive!     We now Manufacture and sell them at a Lower-Price.    And  We Include  Set-Up Notes  &  Information With Our Version!
We have Improved this Part as Our  Sensors have  .500" Wide Sensor Slots,   which means you have More Clearance and are Less Likely to Hit Sensor than with Strippit's  .375" Sensor Slot.
Note!    Old  Strippit Manuals list this Sensor as Part  #102361- 000  which was Original 12 Volt Only Version.     This is a  Obsolete Part Number  and  is No Longer Made.  
It was Replaced by the New   #102361-100  Version  which will work on Both 12 and 24 Volt Machines.
When Calling Us,  ask for  #102361-100  No-Punch Zone Sensor,  Which We Stock!
If Both Sensors are in Good Condition  (Not-Hit)  & Clean,  and you Still get False  "No-Punch Zone"  Error Messages  or  no Messages when you should,   then you probably have a  Machine or Control Signal Wiring Problem  or  a Control Circuit Board Problem.    
Specifically a  "Machine Switch Isolator"  Board  (Slot #9)  on  HECC80/1 Controls,  
or   "TB-230 Input Isolator Board"  and  "G/P I/O Board"  (Slot #12)  on HECC80/3 Controls.