ZeroVulnerabilityLab has been purchased by Malwarebytes, and is still freeware.

What is it? It is software designed to protect the user against Zero-Day threats.

So, after the purchase, Malwarebytes released a beta which is pretty much the same as the original and has the new branding with some improvements.

What isn’t the same?

"[There’s no]... “Please close all applications protected by Exploit-Shield”, and no required closing your browser/s either (nicely played, Malwarebytes)." - Download.com

There might be more, but the blog at Malwarebytes has remained silent on the subject.

If I were you, I’d pick it up now…because it’s next release might be as part of a “paid” package.

If you wish to read about the software and what it does, try here: Link at c|net. A less favorable review, based on logic concluding that MS’s EMET is more trustworthy because its engineers discuss how it works can be found here: LINK.

Malwarebytes might have larger plans for this software, by expanding its heuristic behavior. Only time will tell.

Sources:

http://download.cnet.com/8301-2007_4-57590275-12/exploitshield-becomes-malwarebytes-anti-exploit/?tag=nl.e415&s_cid=e415&ttag=e415&ftag=

http://download.cnet.com/8301-2007_4-57521983-12/exploitshield-appears-to-live-up-to-its-name/

http://blog.trailofbits.com/2012/10/29/ending-the-love-affair-with-exploitshield/