Thermo is now called Flash Catalyst.
Adobe® Flash® Catalyst is a new professional interaction design tool for rapidly creating application interfaces and interactive content without coding.
Cocomo is in public beta.
Codename “Cocomo” is a Platform as a Service that allows Flex developers to easily add real-time social capabilities into their RIA (rich Internet applications).
AIR and Flash Player 10 on mobile
Flash Player will appear on Android, iPhone and other mobile.
Flash Player 10 for linux
Flash player now on linux. Also it getting into 64bit.