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Good news from your friendly mobile product team...as recently tweeted by @mozy, we have submitted v1.2 of the app to the App Store, and now we're just waiting for approval. This version introduces one, and only one new feature: personal key decryption of downloaded data. (Cloud-generated data, such as photo thumbnails, cannot be created when you use a personal key, but the app can decrypt and display a file after downloading it.)
Watch for the drop by following @mozy on Twitter, or install the current version on your iOS device and watch the update badge on the App Store.