The main function of Hide My IP is to change/hide/mask your IP address but this is not the only feature. Here are some more:

• Hides your identity while using E-mail clients, chat clients, games, and more
• Protects your identity from hackers – Identity thieves can use your IP addresses to compromise your computer. Installing keyloggers, Trojans, and other tools to aid their crime. You can stop them at the source by hiding your IP!
• Sends anonymous emails by hiding your IP in E-mail headers. Supports webmail services like Yahoo, Hotmail, and GMail.
• Provides automatic browser configuration – It works with all major browsers.

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Below you can read Hide-My-IP customer reviews: what users say about the product.