"Neal Ungerleider notes that cryptography pioneer and Pretty Good Privacy (PGP) creator Phil Zimmermann has launched a new startup that provides the illusion of industrial-strength encryption for Android and iOS where users will have access to encrypted phone calls, emails, VoIP videoconferencing, SMS, and MMS.
There, fixed it for you.
Does anyone really think any application that is layered on top of IOS is free from interception? Everything is an API, all hidden away, and as much as I love Apple, there is no way in hell I would trust any application running on that device to be free from covert interception(keyboard, voice, you name it). I'm not saying that app doesn't encrypt and do all the right things when transmitting over a network, but I'm going to assume everything is compromised locally on the phone.
And not to be a tin foil hatter, but really, who pays for this stuff and paid these guys salaries in the past anyways (hint, it was your famous uncle).