A telescopic compression device (10) for flat bed die-cutting, stripping and part separating machines is provided, comprising a socket (12), at least one guide element (14, 15) which is slidably guided in the socket (12) and an elastic bias means (34) which biases the at least one guide element (14, 15) towards a furthest extended position and an elastic security element (44) which has an inherent stiffness and secures the at least one guide element (14, 15) to the socket (12). Furthermore, an exchange tool (2) of flat bed die-cutting machines, flat bed stripping machines or part separating machines is provided.