The Windows installer has been virus-checked by Trend Micro anti-virus and that shows up no threats; the same applies to the various Soundshaper downloads on my site. As you'll appreciate, it's not practical to install more than one virus checker, but I'd be glad if other users were to flag up any threats their particular anti-virus software has detected, so that these can be followed up. It is marginally possible that there could be a virus, but I'm inclined to suspect this is a false positive. When I run a new copy of Soundshaper on Win10, Trend immediately thinks it's found a threat, because the program is deleting files - of course it is, they're temporary soundfiles!
Ultimately, the user must make up their own mind about the safety or otherwise of this software which is supplied "as is". There's certainly no intention to spread viruses.