Aquafadas has announced that the forthcoming AVE AppFactory 1.1 release is compatible with iOS 5. The updated software, which can help publishers convert their content into a digital format, will offer full support for the iTunes Newsstand. From within AppFactory, users will be able to select a Newsstand enabled template, configure the app for notification and subscriptions, and submit the app to Apple for review. The v1.1 udpate will be launched shortly after the release of iOS 5. In addition, the same functionality will be extended to Quark's App Studio, which is ba