A power tool system and method of using the same is provided. The system can include a programmable microprocessor device including at least one input mechanism, and a memory having instructions and/or other information. The system can also include a display; at least one power tool having at least one sensor operable for monitoring a parameter associated with operation of the power tool. The system can further include a communications device connectable in signal communication with both the programmable microprocessor device and the at least one sensor and program instructions. The method can include the steps of (i) using stored program instructions to generate power tool related information on at least one display and (ii) collecting power tool related data using a programmable microprocessor.