Following a preview in 2010, Adobe has finally released a pre-release version of their ‘Wallaby’ Flash-to-HTML5 file conversion software. The software is easy for developers to use and allows developers to drag and drop their Flash content into an Adobe Air application that will then convert it to HTML5 code.

The new code can then be completely edited in programs like Adobe Dreamweaver or manually by hand in text editing software. This new application from Adobe is a huge deal and developers can now easily convert their Flash websites and web applications for use on non-Flash devices like the iPhone, iPod touch, and iPad.

It is important to remember that Adobe makes its money on selling developer tools and not on selling Flash plug-ins.

Here’s a video of the software in action:


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