A "new" OllyDbg has been released going under the name of Immunity Debugger. It seems that this one is based upon the OllyDbg 1.10 engine, so it would seem Oleh must have sold or licenced out the OllyDbg engine.
Full product information can be found here:
http://www.immunityinc.com/products-immdbg.shtml
There is an ongoing topic on the site forum about Immunity: