Mhotspot is a free-software(with-out installation)that converts your wifi enabled LAPTOP/PC running windows OS into a virtual wifi hotspot and share your internet through wifi to other laptops, smartphones,PDA's,Tablet-PCs or any other wifi devices.
The best part in mhotspot is,it's free and easy to use,need not to install the software.
Any no. of devices can be connected to the created virtual hotspot.
It's simplest user interface differentiates it from the rest.
Even the ANDROID and SMART PHONES without any further modifications into them, can access the wifi internet.
Even simpler mobile phones with wifi connectivity can access wifi internet because of the "ACCESS POINT-SCHEMA" used in the software.
What's new in this version:
Version 5.0 adds auto-Internet sharing.