Wave Launcher is a utility in the style of Swipe Pad. Basically, WaveLauncher has a "hidden" shortcut to 5 apps. You swipe up from the bottom (or pick some other edge), and you get a "wave" of 5 shortcuts. Let go when the right shortcut is highlighted, and voila, you launched the program.
This was one of Amazon Appstore's Giveaways, and it's cute, but SwipePad offers a dozen shortcuts and this has only 5 shrotcuts. If you got this for free, then sure, give it a try. However, asking me to pay $1.00 for this may be a bit hard to justify.