Oh I service laminators for a living its my business:) This must be the worst problem the ultimate 65 has. When it occurs it causes wraps and bad jams Replace the membrame switch its a plastic membrame with a new one and clean the control boards contacts well with contact cleaner.
This was originally a problem GBC upgraded to gold contacts and it loargely went away. However the high cost of gold drove them back to the cheaper contacts which fail often. theres a fellow on e bay selling brand new GBC parts cheaper than from GBC directly.
bob haller service and sales 412 366 4906, March 2011