From MM Technologies:
Intellect Grabber stores all your user names and passwords, along with login information and other notes, in a securely encrypted file. A single "master password" is used to protect the file. This way, you only need to remember the single master password, instead of the many logins that you use. If you want to log in to a service or Web site, Intellect Grabber copies your user name and password to the clipboard, so that you can easily paste it into your Web browser or other application. Because the password does not appear on the screen, Intellect Grabber is safe to use in the presence of others.
The "Twofish" encryption algorithm is used to secure your password database. It is not possible to break into a password database without knowing the master password. Intellect Grabber is originally developed by MM Technologies Pty Ltd. All credit for the idea and the technology behind Intellect Grabber belong to the authors and maintainers of MM Technologies Pty Ltd.