EXE Locker password protects any program currently residing on your hard drive. An attempt to run a program that's locked down will result in a dialoge box launching asking for the password. Failure to provide the correct password prevents the program from fully launching.
EXE Locker is most useful in situations where you want to stop people from getting to certain files but don't want to deal with hassle of constantly encrypting and decrypting those files every time you want to use them. For example, password protecting your copy of the Real Player negates the need to lock down every single Real audio/video clip on your computer that you want protected.
EXE Locker is great for keeping people out of your personal stuff (locking Quicken so your kids can't snoop through your bank accounts) and for preventing unauthorized use of programs they weren't meant to touch. For example games on your computer or PIMS, etc.

EXE Protector 2.03 was released by HD-Soft on Monday 16 February 2004.
EXE Protector will run on Windows 95, Windows 98, Windows Me, Windows 2000, Windows NT and Windows XP.