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What is this tool called?

I'm looking for a tool that will punch holes in fabric, and then places some kind of ring around the hole to stop the fabric fraying. Does anyone know what they are called? I have linked to a picture below to show what I mean ...
http://2.bp.blogspot.com/-__cpMr-LUh4/UpXEDgUYEaI/AAAAAAAAAiY/x4EoxAT1do0/s1600/Deko-Anh%25C3%25A4nger+Advent+6.jpg

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