Silent Circle's latest app democratizes encryption
slate.com
slate.com
We'll just have to see if they follow up on the promise. I poked around on their website and didn't find anything.
tarsnap is a good example of a successful commercial product that makes its source code available for security review.
I assume they'd be willing to show source for audit to anyone legitimate who would sign an NDA, at least as a major customer. That's not as good as open source, but close.
This one rings the snake oil alarm bells with me. I wonder if this is due to sloppy reporter research or actual advertising of the app.
At least they promise to release source code, so maybe it is not that bad after all...
Wouldn't hurt to be P2P as well.