I've got a PT-510, which does have needlenose pliers with a sharper beveled point than a similar SOG Pocket Powerplier. When closed, the plier tips come to a true point, with no small flat area like on normal needlenose tips.
According to the directions, it looks like you're supposed to draw back and slam the whole tool against the wall like a cold chisel! Umm, needless to say, I have not yet experimented with this handy feature............