UPDATE 1: Well, it seems as though a lot of you are confused, to clarify, this doesn’t mean that there will never be another jailbreak or unlock, RipDev made applications, not jailbreaks and unlocks.

The iPhone Dev Team & The Chronic Dev Team are the ones who take care of jailbreaks and unlocks.

Also, there is an iPod touch G3 jailbreak solution, the only thing is, they won’t release it until later so that they can use the same exploit for the iPhone 4G.

Well here is some stunning news for you all, RipDev (creators of caterpillar, Kate, Installer 4.0, and Icy) are calling it quits after “2 long years”.

Here is their press release:

It’s been a great two years, but unfortunately, the time has come for Ripdev to close its doors. There are many reasons for this, most of which we probably will never disclose (unless we are forced to). The important thing is that due to circumstances we will likely be unable to support the titles we have created over the years further. They will be perfectly operatable on the firmware versions they were created for, and you will be able to download and use them — but they will no longer be supported and updated (except for i2Reader Pro that is not being developed by us and that will be kept in sync with its App Store version). We will, of course, transfer the licenses to the new devices — just email us. Our Cydia repository will be operational until at least next year, so be assured that the products you liked and paid for will be available for you to (re)install.

Icy, our lightweight DPKG installer, is now available in source form under MIT license. You’re free to do whatever you want with it. It would be nice if someone picks up the project…

It was a honor to be in the iPhone jailbreak community, and we are proud that we have certainly made a ripple or two. Farewell!

So there you guys. I would just like to say good luck, and a big thank you to RipRev for all of the help they have lent us over the years with regards to giveaways and prizes for you guys.

R.I.P RipDev 2007-2009