The MIVALO punch will punch a line of 1.5mm holes in the film edge, spaced, from the left hole, at 19, 32, 51, 76.5, 102, 127.5, 153, 178.5, and 204mm, to allow for different formats in different Durst enlargers. The negative carrier would have a corresponding pin set, called the MIVADAP, to fit the punched film. Your AC1201 enlarger, which I think is similar to my L1200 enlarger, uses the Femoneg 4x5 carrier which has the 127.5mm pin set. To use, attach a leader to the negative and use slightly larger film for a mask. For the L1200, I use a 5.5 x 11/16-inch leader. You can expose the mask in the negative carrier, or make an easel from Plexiglas. The MIVALO punch will show up on Ebay every 6 months or so.