Feb. 14, 2007 -- Actioneer, a Cambridge, Mass.-based software firm, has released a free password-management application, the company announced Wednesday.

Invisible Password Manager, which can be used on a desktop, laptop, or a USB thumb drive, requires only one master password to access password-protected login sites, the company said.

The application helps prevent identity theft by keyloggers and snoopers by extracting a username and password from triple-DES encrypted storage to login automatically, rather than requiring a user to type a password on the keyboard, the company said.

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