Zoho Projects had an update minutes earlier. With this update, it joins Zoho CRM as the second Zoho service to move out of Beta. Salient points of the release include :

# You can now have multiple projects by signing-up for premium plans. The one project free version continues to be there
# Zoho Projects will completely be free for Open Source projects
# Zoho Projects now has a secure connection through SSL
# Zoho Projects now provides Unicode (UTF-8 character set) support allowing international users to type in their language.

Check out the new Zoho Projects. For more on premium plans click here.