You knew this was coming since Apple’s announcement this morning that they’d allow applications that were created in 3rd party development tools to be accepted to the App Store.  Now Adobe has officially responded:

Apple’s announcement today that it has lifted restrictions on its third-party developer guidelines has direct implications for Adobe’s Packager for iPhone, a feature in the Flash Professional CS5 authoring tool. This feature was created to enable Flash developers to quickly and easily deliver applications for iOS devices. The feature is available for developers to use today in Flash Professional CS5, and we will now resume development work on this feature for future releases.

Adobe had planned to shutter the service and had ceased development on it.  Quite a day Adobe’s had because of Apple’s announcement.  Their stock went up 12% today on the news.

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