Never need another application to store your passwords again! Just remember a meaningful phrase and have a different secure password computed for every service you use.
This tool discourages the habit of using the same password for multiple online services by providing an easier way to manage many different passwords.
By computing a secure password based on a meaningful memorizable phrase for each service, users won't have to remember the different passwords.
Using the computed password should not affect your security as long as you keep the phrase to yourself. Even if one of the services you use got compromised, it's very difficult to trace back to the phrase.