genpasswd is a simple password generator with algorithm base64(sha1(domain+": "+passphrase)) or base64(sha1(domain+": "+salt+": "+passphrase)). The password is copied into your clipboard. The Python version exists, too. So you can generate password from one master password for any domain on your android phone and PC. License: 2-clause BSD license.
The security report shows that this application is safe. Fuktommy is the official developer of the app which can be found in the Tools category. According to the latest info, genpasswd is rated 3.8 on Google Play.
This application was downloaded and installed by over 10K users and the latest stable update was on Feb 7, 2010. Download the latest .apk setup package of genpasswd 2 for free and have a look at users' reviews on Droid Informer. You will need 15 KB of free disk space to install the app which is compatible with Android 1.6 and higher.