It simply creates secure executable (.exe) container files to which you can add any files and folders you want to and password protect it.
Your files will be stored securely inside the container file. To ensure a maximum of security, it uses SHA1 for password validation and AES for encryption. The container file can either run or extract your files once you typed in the right password.
Essentially this is a simple program to easily password protect any file or folder and get a one single exe file which contains the encrypted data.
The freeware program supports Windows 7, Vista and XP and required .NET Framework 3.5 to install. Download it at source.